The Serbian government has approved a controversial deal signed between Minister of Economy Mladan Dinkic and the Slovenian home applicance firm Gorenje. Under the deal, the company will invest in the eastern Serbian town of Zajecar, and receive €10,000 for each person they employ.
Superyacht cruising is opening up beyond the usual hubs with marina facilities being developed and upgraded around the world. Check out 10 of the newest sailing playgrounds.
Europe’s full potential as the world’s leading tourist destination remains underdeveloped and local and regional authorities need to do more to help the tourism industry adapt to the current difficult economic climate through diversification and the development of more sustainable business models.
Greek Finance Minister George Papaconstantinou said on Friday that allowing the country to buy back government bonds at a discount on the market was worth considering but would require funding.
The European Investment Bank (EIB) is lending EUR 100 million to finance a 2011 to 2015 investment program of Johnson Controls Inc. (JCI) to support research and development (R&D) and innovation activities of the company’s Automotive Experience business in Central Europe.
The EBRD is considering providing up to €27.5 million loan to Compania APA Brasov S.A. The project includes two components. The first entails co-financing to Cohesion Fund of up to €19 million for key investments in the County of Brasov to meet EU water and wastewater directives.
The EBRD is continuing to support private industrial companies in Romania in their drive to improve energy efficiency with a new €10 million loan to Raiffeisen Bank S.A. to finance sustainable energy projects undertaken by local businesses. Extended under the EU/EBRD Energy Efficiency Financing Facility framework*, the credit line will be used to finance energy efficiency investments.
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