Spain proposes Nadia Calviño to run EIB

The Spanish government has nominated the country’s deputy prime minister Nadia Calviño to run the European Investment Bank (EIB). The news comes six weeks after Margrethe Vestager, the European Union’s digital and competition chief, entered the race to succeed Werner Hoyer, who is due to step down at the end of the year after serving […]

UniCredit reports better-than-expected Q1 results

UniCredit has released its results for the first three months of 2023, noting its net operating profit in Germany jumped nearly 80% between quarters. The Italian banking giant revealed earlier this week its net operating profit within Europe’s largest economy jumped from €481m in Q4 2022 to €864m in Q1 2023, an increase of 79.8%. […]

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