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EIB boosts development of Warsaw’s infrastructure

Warsaw, 08/07/2014 - The European Investment Bank (EIB) is providing a PLN 1 billion (EUR 240 million) long-term loan to finance municipal infrastructure projects upgrading the City of Warsaw. Mobility schemes, education, social and healthcare infrastructure projects and the modernisation of public and green spaces will be supported by the European Union’s bank as part of Warsaw’s 2014-2019 investment programme. More...


Knowledge

European patent validation agreement signed with Tunisia

Tunesia, 04/07/2014 - EPO President Benoît Battistelli and Kamel Ben Naceur, Tunisian Minister for Industry, Energy and Mines, have signed an agreement on the validation of European patents for Tunisia. More...


European banking supervision taking shape, say EU Auditors

Luxembourg, 02/07/2014 - A report published today by the European Court of Auditors reveals that the Commission’s reform of banking sector legislation and the creation of the European Banking Authority were important first steps in response to the financial crisis. The European Banking Authority has provided the elements of a new regulatory and supervisory system for the banking sector, taking into account its resources and limited legal powers. However, shortcomings were identified in cross-border banking supervision, the assessment of the resilience of EU banks, and the promotion of consumer protection. more...


Euro area unemployment rate at 11.6% - EU28 at 10.3%

Brussels, 01/07/2014 - The euro area (EA18) seasonally-adjusted unemployment rate was 11.6% in May 2014, stable compared with April 2014, but down from 12.0% in May 2013. The EU28 unemployment rate was 10.3% in May 2014, down from 10.4% in April 2014, and from 10.9% in May 2013. These figures are published by Eurostat, the statistical office of the European Union. more...


ECB publishes consolidated banking data for Dec-2013

Frankfurt am Main, 30/06/2014 - Today the European Central Bank (ECB) is publishing the Dec-2013 Consolidated Banking Data (CBD), a data set that provides statistics about the EU banking system on consolidated basis. It includes statistics on individual EU Member States and the European Union and Euro Area as a whole. It refers to 395 banking groups together with 4193 stand-alone credit institutions, including data for 695 foreign-controlled branches and subsidiaries operating in the EU. This data set includes profitability and efficiency indicators, balance sheet indicators, non-performing loans developments as well as solvency ratios. more...


Health spending starts to rise but remains weak in Europe, says OECD

Berlin, 30/06/2014 - Health spending has started to rise again after stagnating or even falling in many OECD countries during the crisis. But the pace of growth remains well below pre-crisis rates, especially in Europe, according to OECD Health Statistics 2014. more...


ERS Railways visited by Royal Couple

25/06/2014 - In honor of the second anniversary of the direct rail shuttle service Rotterdam – Poznan and the one year anniversary of the PIB consortium, a festive event was organized at CLIP terminal in Swarzedz on 25th of June. more...


Landmark agreement between the European Commission and South Korea on 5G mobile technology

Brussels, 16/06/2014 - An agreement signed in Seoul today is a milestone in the global race to develop 5G mobile technologies. Neelie Kroes, Vice-President of the European Commission for the Digital Agenda, and Mr Mun-Kee CHOI. South Korea's Minister of Science, ICT and Future Planning (MSIP) have agreed to work towards a global definition of 5G and to cooperate in 5G research. They also agreed on the need for harmonized radio spectrum to ensure global interoperability and on the preparation of global standards for 5G. more...


IEA releases Oil Market Report for June

Paris, 13/06/2014 - The IEA Oil Market Report for June forecast a 1.3 million barrel-per-year (mb/d) rise in global oil demand for this year, to 92.8 mb/d, a modest acceleration on 2013 as the macroeconomic backdrop improves. Global oil demand is set to increase sharply from a low of 91.4 mb/d in the first quarter to a high of 94 mb/d in the fourth. more...


Food Safety: 35 years protecting human and animal health

Brussels, 13/06/2014 - Europe is more than ever reliant on its Rapid Alert System for Food and Feed (RASFF) to ensure that our food meets some of the highest food safety standards in the world. Besides its main role of ensuring food safety since its creation 35 years ago, a 2013 annual report RASFF shows that it is a crucial tool to trace back and withdraw products where fraud was detected. more...


Company of the Month

amplus AG

A plus for the internet

The world wide web has continued its ascent in popularity and is considered a must in all spheres of life. It allows businesses to attract custom and new ventures to source financing. Research calls on the input of thousands of online participants. More, accessible information calls for faster and stronger internet connections, and amplus AG is up to that challenge. Nothing less than the cutting edge is good enough for the tech company.

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