The European Commission is stepping up the implementation of the EU Bioeconomy Strategyby launching three complementary initiatives. These include the Bio-based Alliance (BEA) to support market expansion, the Bioeconomy Investment Deployment Group (BIDG) to improve access to finance,and the Bioeconomy Expert Group to support implementation by Member States. Call for alliance members In this context, […]
The EU is studying the investment needed to improve trade routes between Europe and Central Asia via the Caucasus.
The Trans-Caspian Corridor, a rail and port route connecting Europe, Turkey, the rest of the Black Sea region, Armenia, Azerbaijan and Central Asia, is becoming an alternative trade route linking the two continents. Since 2022, trade on this route has quadrupled and, with the right investments, could triple by 2030. To help turn this momentum […]
Basel III reforms: new EU rules to strengthen bank resilience
The Council adopted new rules aimed at making banks operating in the EU more resilient to possible economic shocks. The changes aim to increase the resilience of banks, strengthen their supervision and reinforce risk management. In addition they will strengthen supervision and sustainability in the banking sector. Vincent Van Peteghem, Belgian minister for finance, stated last Thursday: “The […]