Monthly Archives: May 2016

Urban Agenda for the EU – 7 out of 10 city dwellers aged 20 to 64 are employed – Almost a quarter of all city dwellers at risk of poverty or social exclusion

Home to a large share of the population aged 20 to 64 in the European Union (EU), cities can be viewed as both the source of and solution to many of today’s economic, social and environmental challenges. Among EU city … Continue reading

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NSI reported a solid improvement in the economic conjuncture in Bulgaria

In May 2016 the total business climate indicator increases by 5.0 percentage points in comparison with the previous month which is due to the improved business climate in all observed sectors – industry, construction, retail trade and service sector, show … Continue reading

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EU and Mexico kick off talks to re-boost trade and investment relations

First round of negotiations to take place in Brussels already in June. EU Commissioner for Trade Cecilia Malmström met today the Secretary of Economy of Mexico Ildefonso Guajardo Villarreal to mark the beginning of new trade and investment negotiations between … Continue reading

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State aid: Commission clears €2.13 billion aid to alleviate social and economic impact of closing 26 uncompetitive coal mines in Spain

The Commission has found Spanish plans to grant €2.13 billion for the orderly closure of 26 uncompetitive coal mines to be in line with EU state aid rules. The aid aims to alleviate the social and environmental impact of the … Continue reading

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From the last quarter of 2015 to the first quarter of 2016, investment in German fintech rose tenfold

Berlin (GTAI) – Germany’s fintech start-up scene appears to have become a hot-spot for investors, according to accounting firm KPMG. From the last quarter of 2015 to the first quarter of 2016, investment in German fintech rose tenfold, with around … Continue reading

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Singapore to Benefit from Danish Smart City Solutions

The Danish tradition for a holistic approach and citizen involvement has amassed great interest in Singapore in connection with the city-state’s vision of becoming the world’s first Smart Nation. Hence, a Danish consortium, Smart City World Labs, has now been … Continue reading

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Finland adopts the SME initiative: easier access to funding for start-ups and small businesses

Today the European Commission adopted the SME initiative programme in Finland, worth €40 million, with €20 million from the European Regional Development Fund and €20 million from the national budget. Today the European Commission adopted the SME initiative programme in … Continue reading

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Finland adopts the SME initiative: easier access to funding for start-ups and small businesses

Today the European Commission adopted the SME initiative programme in Finland, worth €40 million, with €20 million from the European Regional Development Fund and €20 million from the national budget. Today the European Commission adopted the SME initiative programme in … Continue reading

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Facility for Refugees in Turkey: €47 million to strengthen migration management and to support education of Syrian refugees

The Commission delivers on its commitment to speed up the implementation of the Facility announcing €20 million to increase the capacity of the Turkish Coast Guard and €27 million to facilitate refugees’ access to education. The total amount contracted under … Continue reading

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EU increases humanitarian support to Ecuador by €4 million following deadly earthquake

The funding comes on top of an initial € 1 million released only 36 hours after the disaster last month, and the mobilisation of expert teams via the EU Civil Protection Mechanism which which were dispatched to crisis zones. “The … Continue reading

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