Invest In EU News

  • Business and Human Rights - Towards a Common Agenda for Action event in Brussels

    The event will take place on 2 December 2019. This multi-stakeholder conference, to be held during Finland’s Presidency of the Council of the EU, will discuss topical issues in the field of business and human rights and means to find constructive ways to take forward this critical agenda in both the Member States and at EU level. The conference will be organised in collaboration with Shift (www.shiftproject.org).

     

  • Construction in foreign countries continued to boost construction volume

    According to Statistics Estonia, in the 2nd quarter of 2019, the total production of Estonian construction enterprises in Estonia and foreign countries increased by 3% compared to the 2nd quarter of 2018. Similarly to the 1st quarter, construction volume increased due to work done in foreign countries, whereas construction volume on the domestic market decreased.

  • Mergers: Commission clears joint acquisition of photovoltaic project in Spain by Mirova and ENGIE

    The European Commission has cleared, pursuant to the European Merger Regulation, the joint acquisition of PSFV Palma del Rio SL, based in Spain, by Mirova and ENGIE Group, both of which are French companies. PSFV Palma del Rio owns a photovoltaic power plant under construction in Palma del Rio, Spain, with a total capacity of around 50 megawatts. Mirova manages investment funds containing various types of assets, such as renewable energy and basic infrastructure, sustainable equities and green bonds. Mirova is ultimately controll

  • Buses on new trunk route 510 will be orange-and-white by end of September

    Trunk route 510 went into service between Westendinasema in Espoo and Herttoniemi in eastern Helsinki on Monday, 12 August. In the first weeks of service, buses on the route will bear other colours than the regular orange-and-white of trunk route buses. All buses on the route will be orange-and-white by the end of September. 

  • Amsterdam’s Transavia and Bit team up to cut carbon emissions

    Amsterdam-based airline Transavia will attempt to reduce its environmental impact with the help of Bit, a company that uses next-gen tech to solve challenges. 

    Partnering up to make flying more sustainable

  • Despite Increase In Tourist Numbers, Hotel Guest Numbers Down Marginally

    In the first six months of 2019, total guests in collective accommodation such as hotels and Bed & Breakfasts reached 947,485, a decrease of 0.8% when compared with the same period last year.

    Despite an increase of inbound tourism in the first six months of 2019 by 3.9 per cent when compared with the same period in 2018, hotel guests are down by 0.8 per cent while total nights spent were down 4%, reaching close to 4.5 million nights.

  • The government endorsed the principles of the 2nd pillar pension reform

    At today's meeting, the Cabinet of Ministers approved proposals by the Finance Minister to reform Pillar II pension, making voluntary entry into and departure from Pillar II optional. 

  • Prime Minister Ratas celebrates the 30th anniversary of the Baltic Way in Riga with his Latvian and Lithuanian counterparts

     Prime Minister Jüri Ratas is in Riga today for a meeting of Baltic prime ministers. The Estonian, Latvian and Lithuanian Prime Ministers will jointly celebrate the 30th anniversary of the Baltic Chain and participate in an informal meeting of the Baltic Council of Ministers on transnational co-operation and major joint projects such as Rail Baltic and power grid synchronization.

  • Denmark Is Among The Most Digital Countries In Europe

    Denmark is once again among the most digital countries in EU according to the Digital Economy and Society Index (DESI) by the European Commission. The DESI measures digital performance and competitiveness of the EU countries.

  • More Residents Visited Non-EU Countries Than Spain, Germany Put Together During First Half Of 2019

    Italy and the United Kingdom remain the most popular destination for local residents.

    Residents living in Malta took more trips to non-EU countries than Spain and Germany put together during the first half of 2019, figures released by the National Statistics Office show.

  • How do 2 million people get their hands together in offline conditions?

    August 23 from From 14.00 to 20.30 the Cabinet of Ministers will be able to get acquainted with the story of the idea of ​​the Baltic Way and the challenges of organizing it, see the cars that the participant brings to the venues and meet the people who stood on the Baltic Way.  

  • Zero bureaucracy - stopping the increase in administrative burdens

    The regulatory framework adopted in recent years has significantly increased the administrative burden on business in order to streamline operations in certain business areas, limit the informal economy and ensure fair market competition. On August 20, the State Chancellery presented to the government asolution to the Zero bureaucracy approach to stop its further growth .

  • More Residents Visited Non-EU Countries Than Spain, Germany Put Together During First Half Of 2019

    Italy and the United Kingdom remain the most popular destination for local residents.

    Residents living in Malta took more trips to non-EU countries than Spain and Germany put together during the first half of 2019, figures released by the National Statistics Office show.

  • Gozitan Students Feel Benefits Of Fourth Gozo Ferry

    As commuters who face a difficult journey travelling to the University of Malta frequently, Gozitan students know all too well what it means to face excessive queues and delays when travelling between Malta and Gozo.

    In comments given to MaltaToday by Gozo University Group (GUG) president Renée Formosa, it was said that the fourth ferry had made a “world of a difference, clearly showing how useful it was.”

  • State aid: Commission approves €60 million public support for broadband network project in the Carinthia region in Austria

    The European Commission has approved, under EU State aid rules, €60 million of public support for the deployment and maintenance of infrastructure necessary for the roll-out of ultrafast broadband internet in remote rural areas of the Carinthia region in Austria. The beneficiary of the aid is a newly established company owned by the state of Carinthia. Third party service providers will be granted access to the broadband network on equal and non-discriminatory terms.

  • Hungary owes its coming into being and survival to great achievements

    Hungary and the Hungarian nation owe their coming into being and survival to great achievements, the Minister heading the Prime Minister’s Office said on Friday in the Castle Garden Bazaar in Budapest where he handed over state decorations on the occasion of the celebration of the foundation of the state.

    Gergely Gulyás said “our national horizon is as wide as it is because we are standing on the shoulders of giants”.

  • Ministry of Finance requests opinions on proposals for income tax in draft budget 2020

    On August 19, the Ministry of Finance sent a number of proposals for income tax implementation to implement the government program. The proposals concern, inter alia, the partial exemption of removals costs, the reduction of the tax rate for non-resident employees, the reduction of the household deduction and the progressive reduction of the right to deduct interest on housing loans.

  • One year anniversary of Greece successfully concluding stability support programme

    Today marks one year since Greece successfully concluded its European Stability Mechanism (ESM) stability support programme. The 3-year stability support programme took a coordinated approach to tackling long-standing and deep-rooted structural issues that contributed to Greece experiencing an economic crisis and losing access to financial markets. In total, Greece's European partners provided €61.9 billion in loans in return for the Greek authorities implementing a comprehensive reform package.

  • "Ashtrays polls" to fight against the jet of butts

    About thirty ashtrays were installed in the streets of Paris, as part of the project for a cleaner city voted in the participatory budget.

    Are you rather flip flops or sandals? Beyoncé or Rihanna? Pont Neuf or Pont des Arts? Quinoa or burger? It is by slipping one's butt into one of the two holes each corresponding to a proposition that the smoker answers these fundamental questions.

  • Global banks meet in China for first Green Investment Principles plenary meeting

    The City of London Corporation is helping to bring together some of the world’s biggest banks in Beijing tomorrow (Friday 16 August) to discuss for the first time implementation of Green Investment Principles (GIPs) for the Belt and Road, announced in London in November last year.

  • President of Russia Vladimir Putin to make working visit to Helsinki on Wednesday 21 August

    The visit will be hosted by President of the Republic of Finland Sauli Niinistö.

    President Niinistö and President Putin will hold official discussions in the Presidential Palace. In addition to bilateral relations between Finland and Russia, the Presidents will discuss regional and international issues. Following their discussions, the Presidents will hold a joint press conference. The visit will conclude with a dinner at the Suomenlinna Sea Fortress.

  • Into The Curious World Of Blockchain Technology And Post-Apocalyptic Survival Gaming

    Stephen Arnold from Fracture Labs has spent much of his career working on video games, now incorporating his love of survival games with blockchain technology. This is his story.

    As blockchain technology sweeps the world of various professional service industries, there is one area where the revolutionary technological development is just starting to make its mark: video games.

  • Expands opportunities for EU co-financing for the development of GP practices

    In the future, municipal capital companies will also be eligible for funding from the European Regional Development Fund (ERDF) to support the establishment of primary care centers. This is envisaged by the amendments to the Cabinet of Ministers' amendments to the Cabinet of Ministers approved today, August 13, which expand the range of applicants who can apply for ERDF co-financing for the development of GP practices.

  • Mergers: EU Commission clears the acquisition of sole control of AmTrust by Centerbridge

    The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of AmTrust Corporate Member Limited and certain other business assets (“AmTrust”) of the UK by Centerbridge Partners L.P. of the U.S. AmTrust provides a range of non-life insurance and reinsurance services in the European Economic Area. Centerbridge is an investment management firm focused on private equity and distressed investment opportunities.

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