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Wednesday, 31 January 2018

EU Commission:=?UTF-8?B?IEJlbm/DrnQgQ8WTdXLDqQ==?=: What yield curves are telling us

Benoît Cœuré: What yield curves are telling us
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Austria: EIB signs financing agreement with Austrian Anadi Bank

Austrian Anadi Bank is set to take part in the EIB financing programme for SMEs and mid-caps. The two parties have signed their first joint finance contract for EUR 75m. Under the finance contract, Austrian Anadi Bank commits to adding a further EUR 75m to the EIB funds, giving SMEs and mid-caps access to a total of EUR 150m in loans on favourable terms.

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Portugal: EU bank and CGD provide EUR 300 million to support SMEs

The EIB has granted a EUR 150 million loan to Caixa Geral de Depósitos S.A. (CGD) to facilitate financing of small and medium-sized investment projects implemented by Portuguese companies. This is the last tranche of a total EUR 300 million loan that the EIB has granted to CGD to provide funding on advantageous terms to SMEs and midcaps in order to foster economic growth and employment creation in Portugal. Around 30% of the total funds may be used to finance small projects implemented by public sector entities. CGD undertakes to match the EIB financing with at least the same amount, therefore providing total financing of EUR 300 million to SMEs and midcaps.  

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December 2017 - Euro area unemployment at 8.7% - EU28 at 7.3%

European Commission - EUROSTAT December 2017 - December 2017 - Brussels, 31 January 2018 The euro area (EA19) seasonally-adjusted unemployment rate was 8.7% in December 2017, stable compared to November 2017 and down from 9.7% in December 2016.

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Nine suspects arrested on suspicion of human trafficking
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