EIB invests in Lithuania

The European Investment Bank is providing €12.5 million to the Lithuanian Public Investment Development Agency, VIPA.  The agreement is backed by the Juncker Plan’s European Fund for Strategic Investments.  VIPA will use the financing to create the first national investment platform dedicated to promote and finance energy efficiency projects across Lithuania.  The investments will focus…

July 2019 Busiest in history of Brussels Airport

More than 2.7 million passengers passed through Brussels Airport in July. although early summer was marked by disruptions to the baggage handling system . In July, Brussels Airport welcomed more than 2.7 million passengers, representing a 2.7% increase compared to July 2018, and above all making July 2019 the busiest month in Brussels Airport’s history….

Energoatom and Holtec to Develop Next Stage of Small Modular Reactors (SMRs)

Holtec, Energoatom and SSTC have entered into a Trilateral Consortium Partnership to advance the SMR-160 nuclear reactor for deployment across Ukraine. Mitsubishi Electric has also committed to stage two of the SMR-160 Alliance with Holtec with a large resource commitment. Earlier this week in New Jersey Ukraine’s national nuclear operator Energoatom, the Ukrainian State Scientific…

Green Call for EU Tax Justice

The Greens/EFA group have launched a 10-point plan for tax justice in the European Union, which will form part of its core demands for the coming legislative period in the European Parliament.  The Greens/EFA Group has already been at the forefront of driving demands to combat excessive tax avoidance, tax evasion and money laundering in…

Call to end Export Finance Support for Overseas Fossil Fuel Projects

The UK Government must act on today’s report by parliament’s Environmental Audit Committee about UK Export Finance, which calls for an end to UK taxpayer support for overseas fossil fuel projects by 2021. UK Export Finance (UKEF), the UK’s export credit agency, underwrites loans and insurance for export deals as part of efforts to help…

“We were blackmailed”: Goyens

Facebook and Google pressured and “arm-wrestled” a group of experts to soften European guidelines on online disinformation and fake news, according to new testimony from insiders released to journalists at Investigate Europe and published today by openDemocracy, the London-based global news website. Extracts from these testimonies allege that Facebook and Google undermined efforts to make the tech giants…

UK Employment Statistics Positive: McIntyre

New UK jobs figures show “progress on all fronts”, says the Conservative Party’s employment spokesman in Brussels. Anthea McIntyre pointed to falling unemployment in tandem with rising wages as clear evidence that government policies were transforming Britain’s jobs landscape. Welcoming the latest employment statistics McIntyre, Conservative MEP for the West Midlands, said: “We have let…

Magnus Hall New President of Eurelectric

Magnus Hall, President and CEO of the Swedish-based electricity company, Vattenfall, has taken over the Presidency of Eurelectric. The priorities of his two-year mandate will be to continue the efforts of the electricity industry in becoming carbon-neutral by 2045 and leading a timely energy transition. Under his Presidency, Eurelectric will call on new EU policymakers to enable widespread electrification, while ensuring a…

Astana Economic Forum Discusses Challenges and Opportunities to Achieve Sustainable Growth

By Eli Hadzhieva, Guest Contributor. The prominent speakers at this year’s Astana Economic Forum (AEF), organised at the futuristic EXPO Congress Centre of Nur-sultan on 16-17 May, disagreed on many issues, such as the role of the government in managing the economy or the optimal industrialisation path for developing countries but one thing was clear…