Malta: EU increases its commitment to support SMEs up to €28 million
Provider: View Original Type: Link Title: Malta: EU increases its commitment to support SMEs up to €28 million Description: In light of the effects of the coronavirus pandemic on the Maltese economy, the EIB Group (European Investment Bank – EIB and European Investment Fund – EIF) has signed an agreement with the Government of Malta and the European Commission to increase financing available under the SME Initiative in Malta. The agreement was signed today by EIF Chief Executive Alain Godard, EIB Director Miguel Morgado, Hon. Stefan Zrinzo Azzopardi, Parliamentary Secretary European Funds within the office of the Prime Minister, and Paul Zahra, Permanent Secretary for European Funds within the Office of the Prime Minister.
COVID-19 lessons learned in health: the Council approves conclusions
Provider: View Original Type: Link Title: COVID-19 lessons learned in health: the Council approves conclusions Description: Drawing lessons from the COVID-19 pandemic: Council approves conclusions.
Paris Agreement: Council transmits NDC submission on behalf of EU and member states
Provider: View Original Type: Link Title: Paris Agreement: Council transmits NDC submission on behalf of EU and member states Description: Paris Agreement: Council transmits submission of nationally determined contributions for EU and member states.
Recovery and Resilience Facility: Council presidency and Parliament reach provisional agreement
Provider: View Original Type: Link Title: Recovery and Resilience Facility: Council presidency and Parliament reach provisional agreement Description: The Council presidency and the European Parliament reached a provisional agreement on the Recovery and Resilience Facility.
Joint cross-border renewable energy projects are feasible and beneficial
Provider: View Original Type: Link Title: Joint cross-border renewable energy projects are feasible and beneficial Description: Despite clear benefits, like cheaper energy and access to new resources, only a few European countries have embarked on cross-border renewable energy projects. Building on the experience of those countries is crucial for the success of future cross-border projects, according to a new European Environment Agency (EEA) briefing released today.
EIB and ProCredit unlock €65 million to speed the recovery of small and medium sized companies in the Western Balkans from the COVID-19 crisis
Provider: View Original Type: Link Title: EIB and ProCredit unlock €65 million to speed the recovery of small and medium sized companies in the Western Balkans from the COVID-19 crisis Description: The EIB and the ProCredit group have agreed on a new €65 million credit line to support small and medium enterprises (SMEs) in the Western Balkans and to speed their recovery from the COVID-19 crisis. This transaction provides much-needed financing to companies in Serbia, Albania, North Macedonia and Bosnia & Herzegovina and addresses their working capital, liquidity and investment needs in the face of the ongoing pandemic. In parallel, the operation strengthens the regional banking sector and reinforces its ability to finance the economic recovery of the Western Balkans.