Monthly Archives: September 2013

Finnish real estate investment projects presented at PROEstate in Moscow

What are the main reasons for investing in real estate in Finland? Is Finland a safe location for real estate investments? What are the key drivers for real estate investments in Finland? Team Finland had a strong presence at the … Continue reading

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Statement on the review mission to Greece

A mission from the European Commission, ECB, and IMF that has been reviewing the government’s economic programme has made good progress. To allow completion of technical work, policy discussions in Athens will pause, and are expected to resume in the … Continue reading

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Strong tourism season gives Europe an economic boost and much needed jobs

Despite the economic crisis, Europe remains one of the favourite destinations. International tourist arrivals in Europe grew by 5 % during the first half of 2013, with best results recorded in Central and Eastern Europe (+ 9 %) and Southern … Continue reading

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EU trade deal with Costa Rica and El Salvador becomes operational

Trade barriers between the EU, Costa Rica and El Salvador will be lifted as of 1 October 2013, when the trade pillar of the EU–Central America Association Agreement enters into application with these countries. The EU and Honduras, Nicaragua and … Continue reading

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EIB provides EUR 200 million backing to Schiphol Airport terminal transformation and ending gate security checks

The European Investment Bank (EIB), Europe’s long-term lending institution has agreed to provide a EUR 200 million loan to Schiphol Group to finance significant transformation of Amsterdam Schiphol Airport. This will improve passenger experience at the airport through construction of … Continue reading

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Finland is Europe’s most dynamic economy

Finland’s particular strengths are in science and technology, and in the country’s business environment, according to the Grant Thornton Global Dynamism Index. Finland is Europe’s most dynamic economy, according to the Grant Thornton Global Dynamism Index (GDI). The index ranks … Continue reading

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EIB increases its support for industrial and agricultural SMEs in Bulgaria

The European Investment Bank (EIB) is lending EUR 50 million to CIBANK to finance projects promoted by small and medium-sized enterprises and mid-cap companies in Bulgaria. EIB funds will support projects across the whole country, significantly supporting employment. Luca Lazzaroli, … Continue reading

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Investment in the Nordic tourism industry has fallen by 17 percent despite increased travel

In 2012, investment in the Nordic tourism industry totaled EUR 896.4 million. This represents an overall decrease of 17 percent compared with 2011 (EUR 1,077.8 million). Tourism investment has declined in all countries, except Norway, where overall investment rose by … Continue reading

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Amending EU budget 2013 in line with MFF political agreement

The Commission has adopted today the second instalment of its Draft Amending Budget 2 from 27 March 2013, amounting to EUR 3.9 billion after reallocation of available resources within the budget. The Council (Member States) and the European Parliament have … Continue reading

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Without a strong industrial base, Europe’s economy cannot prosper

While industrial performance has stabilised, industry’s share in Europe’s GDP has declined from 15.5% of GDP one year ago to 15.1% in summer 2013. The two industrial Competitiveness reports published today by the European Commission highlight that Member States have … Continue reading

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