KROLL BOND RATING AGENCY LLC’s CERTIFICATION STATUS WITHDRAWN
Provider: View Original Type: Link Title: KROLL BOND RATING AGENCY LLC’s CERTIFICATION STATUS WITHDRAWN Description: The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has withdrawn Kroll Bond Rating Agency LLC’s (Kroll LLC) ability to certify its credit ratings for use in the European Union (EU).
Georgia: Team Europe - EIB and Bank of Georgia expand credit line for SMEs and mid-caps with €25 million to aid recovery from COVID-19 pandemic
Provider: View Original Type: Link Title: Georgia: Team Europe - EIB and Bank of Georgia expand credit line for SMEs and mid-caps with €25 million to aid recovery from COVID-19 pandemic Description: The EIB will invest €25 million to expand a credit line for Georgian small and medium-sized enterprises (SMEs) and mid-caps available at the Bank of Georgia, helping to accelerate the recovery of the national economy from the COVID-19 pandemic. The credit line can be disbursed in multiple currencies, including in lari, Georgia’s national currency.
Team Europe contributes €500 million to COVAX initiative to provide one billion COVID-19 vaccine doses for low and middle income countries
Provider: View Original Type: Link Title: Team Europe contributes €500 million to COVAX initiative to provide one billion COVID-19 vaccine doses for low and middle income countries Description: Fair and equitable access to a successful COVID-19 vaccine, regardless of income, for millions of people across Africa, Asia, the Caribbean and Pacific, and in Europe’s eastern and southern neighbourhood, has been enabled by €500 million of new European financial support for the global vaccine initiative COVAX. Team Europe’s engagement will accelerate global efforts to bring the pandemic under control and scale up distribution of a successful vaccine as soon as it becomes available.
Germany: EIB provides €290 million to Wacker Chemie
Provider: View Original Type: Link Title: European Investment Bank provides €290 million to Wacker Chemie Description: The EIB will provide €290 million to the German company Wacker Chemie AG. Wacker is a technological leader in the chemical industry and manufactures products for a wide range of key global industries. It is active in the silicone, polymer, life sciences and polysilicon markets. The financing of the EU bank, backed by the Investment Plan for Europe, will support Wacker’s research and development programme with a strong focus on sustainability and energy efficient economy. In line with the main objectives of the EIB, being one of the world’s main financers of climate action, the financing will assist Wacker Chemie in reaching its sustainability goals, inter alia a 33% reduction in CO2 emissions by 2030 and to become fully carbon neutral by 2050. The new loan has a term of five years from the date of its drawing.