An S&P Global Market Intelligence suggests so
Category: Europe
Inflation expectations lead ECB to hike rates again
The European Central Bank (ECB) has raised its three key interest rates by 25 basis points each as it works to bring inflation under control. Announcing the move, which follows rises of the same amount in March, May and June this year, the ECB said: “While some measures show signs of easing, underlying inflation remains […]
EIB commits €315m to 5G across five European countries
The European Investment Bank (EIB) has signed a €315m loan agreement with Spanish telecommunications firm Cellnex to support 5G rollouts in France, Italy, Poland, Portugal and Spain. According to Cellnex, the loan will mobilise total investment of €631m to improve and expand the coverage and capacity of very high bandwidth mobile network infrastructure in these […]
Goldman Sachs AM enters burgeoning ELTIF market
The firm said the fund will provide access to direct private market investments
Inflation rises in Germany, but falls across Europe as a whole
The Destatis agency said German CPI reached 6.4 per cent in June
European asset managers struggle to meet board diversity targets
Boardrooms have ‘visibly evolved’, according to EY Investors Boardroom Monitor, but half of groups yet to achieve 40% female representation on boards Almost half (47%) of Europe’s asset and wealth managers are yet to reach the 40% female representation on boards target required by the European Women on Boards Directive, according to the latest EY […]
InvestEU unlocks €350m in potential funding
The European Commission (EC) and the European Investment Bank (EIB) have launched a €100m top-up for the InvestEU programme. Announced this week by the EC, the new project will be known as HERA Invest and will work to support research and development – focusing especially on health emergency prevention and preparedness. The instrument is geared […]
Europe’s economy tightens amid signs of recession
Financial conditions have “tightened further” in recent months – especially in Europe – according to the latest quarterly outlook report from Robeco. In Stuck Between a Rock and a Hard Place, the Dutch asset manager stated it had also seen “further tightening” in lending standards, which it added had arisen from the rapid rise in […]
European tech investment slows, but market ‘still resilient’ – Atomico
There has been a visible slowdown in investment into the tech space across Europe, according to a report from European Venture Capital firm Atomico. The report, State of European Tech: First Look 2023, indicates the amount of capital invested into Europe fell by 52% between 2021 and 2023. In comparison, China, the US and the […]
Iceland and Norway become first non-EU members of InvestEU
Both nations have signed ‘contribution agreements’
