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Germany: EIB provides €50 million in risk financing to Wachstumsfonds Bayern 2

The European Investment Bank (EIB) will provide up to €50 million in risk financing to Wachstumsfonds Bayern 2 (WBF2), a venture capital fund set up on the initiative of the Free State of Bavaria. WBF2 is run by fund manager Bayern Kapital GmbH. Its target size is €165 million, with LfA Förderbank Bayern (“LfA”) having already committed to an investment of up to €115 million. The transaction is the first EFSI-backed project in Germany with a regional promotional bank and will provide another strong signal to the German venture capital market as Germany’s VC investments are still below the EU average.

U.S. And European Union Hit China With Sanctions Over Treatment Of Uyghurs

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European Union slaps sanctions on 4 Chinese officials over Uyghur abuses

The European Union on Monday imposed sanctions on … on their assets in the EU and a ban on them …

EPP insists on European Parliament debate about Caruana Galizia revelations

The European People's Party has submitted a fresh request for a plenary debate on the latest revelations in Daphne Caruana Galizia's murder case, after the discussion was blocked by the Socialists and Democrats Group...

Ending tuberculosis is a race against time and drug resistance

Regional TB mortality has gone down, declining by 9.4% between 2018 and 2019. This is notably higher than the average global decline in TB mortality (3.7%) and enough to have reached the End TB...

OPINION | OTHERS SAY: EU’s pause will cost lives

Europe’s vaccine campaign has hit a crisis of confidence. Just as the coronavirus pandemic appears to be setting off a new wave of infections, leading European countries have paused the rollout of the AstraZeneca/...

5 nations seek help with EU migrants

ATHENS, Greece — The interior ministers of the five Mediterranean countries on the front line of mass migration to Europe want their EU partners to share the burden more equitably. “We can no longer be...

Europe must share the burden of migrant flow, say EU border nations

The interior ministers of the five Mediterranean countries on the front line of mass migration to Europe want their EU partners to share the burden more equitably. “We can no longer be punished for our...

EU chief threatens to ban AstraZeneca exports

European Commission President Ursula von der Leyen said drugmaker AstraZeneca could face a ban on exports of coronavirus vaccine doses it produces in the EU if it did not meet its delivery obligations. She told...

Analysis- Twenty years on, EU turns cold on Mercosur trade deal

BRUSSELS: As the European Union looks forward to a fresh start with the United States under a new president, it is riddled with doubts over another transatlantic relationship. A trade pact...

Lured into street prostitution: 19 arrests in latest hit against human traffickers

The family-based criminal group was forcing its victims to prostitute themselves on the streets of Girona in Spain On 9 March, Europol supported the Spanish National Police (Policía Nacional) and the Service of Countering Organised...

Blackrock Microsystems Supports an Ambitious European Union Funded Partnership for Brain-Computer-Interface Connectivity

Blackrock Microsystems Supports an Ambitious European Union Funded Partnership for Brain-Computer-Interface Connectivity - EU Politics Today - EIN Presswire ...

#YEYS2021: European young generation takes up challenges and delivers its say on climate change

Concrete proposals were handed to the European Commission's Executive Vice-President Frans Timmermans by high school students from all over Europe, who took part in a virtual Youth Summit on Climate organised by the European...

Covid-19: European Union regulator says…

The EU's drugs regulator said on Thursday that it had found the AstraZeneca coronavirus vaccine was "safe and effective" and was not linked to an increased risk of blood clots. Around a dozen countries had...

AstraZeneca declared safe by European Union regulator

After much debate, the European Union's medicines regulator has concluded that the Oxford-AstraZeneca COVID-19 vaccine is safe to use after several EU countries suspended their rollouts following reports that it could be linked to blood...

Socio-economic impact of COVID-19: European Union to support Pakistan’s civil society

Press releases ISLAMABAD, 16 March 2021: The European Union will support Pakistan’s Civil Society by co-financing three projects, for a total amount of 7 237 500 EUR,  to alleviate the socio-economic impact of the COVID-19...

EUR 809 million EIB Group support for COVID-19 resilience in Romania

Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR 809 million of new financing from the European Investment Bank and European Investment Fund agreed with Romanian public and private partners last year.

ECB starts publishing compounded euro short-term rate (€STR) average rates on 15 April 2021

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Hearing of the Committee on Economic and Monetary Affairs of the European Parliament

Introductory statement by Christine Lagarde, President of the ECB, at the Hearing of the ECON Committee of the European Parliament (by videoconference) Frankfurt am Main, 18 March 2021 Madam Chair, Honourable members of the Economic...

China will respond to European Union sanctions

The EU is planning punitive measures for anti-Uyghur repression in Xinjiang. In April, it will also approve sanctions against China for violating the “one country, two systems” principle in Hong Kong. The Chinese admit...

Coronavirus passes proposed by European Union to travel freely by summer

Coronavirus passes proposed by European Union to allow its 450 million residents to travel freely across the bloc by summer The European Commission foresees the creation of certificates aimed at facilitating travel between the...

the largest impact venture capital fund for startups in Spain is supported by Ship2B Ventures, EIF and Banco Sabadell

The BSocial Impact Fund, which already reached EUR 38 million in its second closing, is supported by Ship2B Ventures, the European Union and the EIF under the EFSI Equity social...
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