A major EU vote and a direct call to action from investors with assets worth $1.7 trillion signals the start of a transformation of the financial sector – which could help in delivering on the Paris climate agreement, and prevent human rights abuses. Last week saw historic moves from across both politics and industry, which…
Investment
Building a Capital Markets Union
The European Commission has said that it welcomes the European Parliament’s final votes on legislation putting in place the building blocks of a Capital Markets Union (CMU). It said the adoption of a substantial number of proposals constitutes another step forward in the completion of the CMU, one of the Juncker Commission’s top political priorities. The Capital…
EIB approves €2.4 bn investment
The Board of Directors of the European Investment Bank (EIB) has this week approved a total of €2.4 billion of new financing to improve public services, upgrade infrastructure and strengthen private sector investment. · €905 million new financing for rail and road transport projects across Europe · €1 billion for business investment and corporate…
Future Investment in EU Regions
The Conference of Peripheral Maritime Regions (CPMR) said it “welcomes” the European Parliament’s decision to adopt the Common Provisions Regulation Report on future investment in EU regions, which represents a positive step towards a strong, reformed Cohesion policy after 2020. In particular, the CPMR supports the Parliament’s decision to remove from the report the link…