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Werner Hoyer - 4 Nadia Calvino - 2 Eric Vidal - 2 Margrethe Vestager - 2 Daniele Franco - 2 Vestager - 2 Susana Vera - 1 Olaf Scholz - 1
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Search resuls for: "Werner Hoyer"


10 mentions found


☆ Germany's Scholz backs Spain's Calvino for EIB presidency
  + stars: | 2023-11-11 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Susana Vera/ File Photo Acquire Licensing RightsFRANKFURT, Nov 11 (Reuters) - German Chancellor Olaf Scholz on Saturday backed the candidacy of Spanish acting Economy Minister Nadia Calvino for the post of president of the European Investment Bank (EIB). "I think she will be a very good president of the EIB," Scholz said in an address to a weekend congress of the Party of European Socialists (PES) in Malaga, Spain. He added that they had worked well together in the past when they headed their respective countries' finance ministries. The EIB is currently led by German Liberal Democratic Party (FDP) politician Werner Hoyer. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Nadia Calvino, Susana Vera, Olaf Scholz, Scholz, Werner Hoyer, Andreas Rinke, Vera Eckert, Kirsten Donovan Organizations: Monetary, Financial, International Monetary Fund, World Bank, REUTERS, Rights, Saturday, European Investment Bank, Party of European Socialists, European Union, Berlin, German Liberal Democratic Party, Thomson, Reuters Locations: Marrakech, Morocco, Malaga, Spain, Germany, France
☆ EIB's Hoyer: Reviewing business in Israel and Palestinian territories
  + stars: | 2023-10-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEIB's Hoyer: Reviewing business in Israel and Palestinian territoriesWerner Hoyer, president of the EIB, discusses the impact the conflict in the Middle East is having on the organization's operations.
Persons: EIB's Hoyer, Werner Hoyer Locations: Israel
☆ EU opens race to run its huge investment bank EIB
  + stars: | 2023-09-10 | by ( Jan Strupczewski Maria Martinez Jesús Aguado | Jan Strupczewski | Maria Martinez | ) www.reuters.com   time to read: +3 min
The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Also interested are the politically non-affiliated Italian central banker Daniele Franco, Poland's right-wing former Finance Minister and current EIB Vice President Teresa Czerwinska, and Sweden's socialist former Energy Minister and also current EIB Vice President Thomas Ostros. "We can say we are really spoilt for choice because all the candidates are excellent," German Finance Minister Christian Lindner told reporters on Thursday. The EIB is the lending arm of the EU and is active in 160 countries offering loans, guarantees, equity investments and advisory services. Germany's Deputy Central Bank Governor Claudia Buch and her Spanish counterpart Margarita Delgado are both in the running.
Persons: Eric Vidal, Vincent van Peteghem, Germany's Werner Hoyer, Margrethe Vestager, Nadia Calvino, Daniele Franco, Poland's, Teresa Czerwinska, Thomas Ostros, Christian Lindner, Central Bank Governor Claudia Buch, Margarita Delgado, Buch, Vestager, Emmanuel Macron, Richard Chang Organizations: European Investment Bank, Reuters, Rights, Belgian, Union, European Commission, Finance, Energy, European Central Bank, Germany's, Central Bank Governor, SSM, Thomson Locations: Luxembourg, Rights BRUSSELS, Italian, Spanish, EU, Paris, Spain
☆ New boss will be EIB’s chance to stay relevant
  + stars: | 2023-09-07 | by ( Rebecca Christie | ) www.reuters.com   time to read: +5 min
Flags are seen behind the logo of the European Investment Bank in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal Acquire Licensing RightsBRUSSELS, Sept 7 (Reuters Breakingviews) - The European Investment Bank has a chance to remake itself when it gains a new leader next year. The EIB has been making infrastructure loans since 1958, and now channels some 65 billion euros in annual financing to the economy. To do that, the next EIB chief will need to let the bank shoulder more risk, as suggested by Vestager on Thursday. By comparison, the World Bank has $240 billion loans outstanding.
Persons: Eric Vidal, Werner Hoyer, Nadia Calviño, Denmark’s Margrethe Vestager, Daniele Franco, Teresa Czerwińska, Thomas Östros, Vestager, Margrethe Vestager, Spain’s Nadia Calviño, Poland’s Teresa Czerwińska, Italy’s Daniele Franco, Sweden’s Thomas Östros, Denmark’s Vestager, Neil Unmack, Streisand Neto Organizations: European Investment Bank, Reuters, Rights, Spanish, World Bank, AAA, European Union, Financial Times, European Investment, Union, Thomson Locations: Luxembourg, Rights BRUSSELS, Italian, Europe, Ukraine, France, Spain
☆ Top EU official warns West needs to act to avoid losing developing world's trust
  + stars: | 2023-08-23 | by ( Marc Jones | ) www.reuters.com   time to read: +3 min
[1/2] South African delegates sit behind a glass with BRICS logo as the BRICS summit is held in Johannesburg, South Africa August 23, 2023. Headquartered in Shanghai, the New Development Bank was established in 2015 by BRICS members. "It's symptomatic of something that Europe and Western institutions must confront urgently," Hoyer said of the bank's rise in importance. "Unless we offer genuine partnership and more convincing ways to address the challenges of the Global South whether it is in the energy transition, the issue of indebtedness or tackling glaring health inequality - we are heading for trouble." ($1 = 0.9252 euros)Reporting by Marc Jones Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
Persons: Alet Pretorius, Werner Hoyer, Hoyer, Marc Jones, Tomasz Janowski Organizations: REUTERS, Investment, New Development Bank, Reuters, EU, West, United Nations, United Arab, Thomson Locations: Johannesburg, South Africa, China, Russia, Africa, EIB, Brazil, India, Ukraine, Shanghai, Bangladesh, United Arab Emirates, Egypt, Algeria, Argentina, Ethiopia, Honduras, Iran, Morocco, Saudi Arabia, Uruguay, Zimbabwe, Europe, Western
☆ Ukraine is well on the way to becoming part of the EU, EIB president says
  + stars: | 2023-04-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUkraine is well on the way to becoming part of the EU, EIB president saysWerner Hoyer, president of the European Investment Bank, said Ukraine is likely to be a "very successful" member of the European Union soon.
☆ European Investment Bank proposes new fund to counter US green subsidies - Spiegel
  + stars: | 2023-02-28 | by ( ) www.reuters.com   time to read: +2 min
BERLIN, Feb 28 (Reuters) - The European Investment Bank could set up a new fund to counter subsidies offered by the U.S. Inflation Reduction Act, which pressure companies to move their production there, its president said in an interview published on Tuesday. Werner Hoyer told German news magazine Der Spiegel a fund set up to help companies stay afloat during the coronavirus pandemic could serve as a model for a fund to help safeguard European industry. "In principle, every investment project that has not yet received final approval is currently being put to the test." The European Commission earlier this month proposed allowing increased levels of state aid so that Europe can compete with the United States. The $430-billion act was passed by U.S. Congress last August and offers subsidies and tax incentives for a swathe of domestically produced green industry products.
☆ EU bank seeks pledges of more than 2 bln euros for Ukraine this year
  + stars: | 2023-02-02 | by ( ) www.reuters.com   time to read: +1 min
BRUSSELS, Feb 2 (Reuters) - The European Union's investment bank on Thursday called for more budget guarantees from the bloc's 27 members to match or exceed this year the 2.2 billion euros ($2.4 bln) spent in Ukraine since the Russian invasion last February. The European Investment Bank (EIB) (EIB.UL), the lending arm of the European Union, said it had already disbursed 1.7 billion euros and had another 540 million for ongoing projects. He said much more would be needed to rebuild the country from the war, a task the World Bank last September estimated at $350 billion. The EU is also discussing with global partners the potential use of Russian assets frozen under sanctions to rebuild Ukraine, though legal doubts remain. These include an estimated $300 billion of Russian central bank assets.
☆ Ukraine external financing needs could reach $5 bln a month, IMF's Georgieva says
  + stars: | 2022-10-25 | by ( ) www.reuters.com   time to read: +2 min
Oct 25 (Reuters) - Ukraine's external financing needs will be around $3 billion a month through 2023 in a best-case scenario, but could rise as high as $5 billion if Russian bombing becomes "even more dramatic," IMF Managing Director Kristalina Georgieva said. She said IMF staff had met with Ukrainian authorities in Vienna last week to discuss the country's financial needs and were working toward a fully-fledged IMF lending programme. Georgieva strongly endorsed Ukraine's calls for a mechanism to coordinate financial needs and support, a message echoed by Odile Renaud-Basso, president of the European Bank for Reconstruction and Development, and other speakers. We are going to be a part of the solution during this recovery phase," the IMF leader said. "And in a worst case scenario, if the bombing is even more dramatic ... it could go to $5 billion a month."
☆ International support, private sector vital for Ukraine economy: European Investment Bank
  + stars: | 2022-10-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInternational support, private sector vital for Ukraine economy: European Investment BankWerner Hoyer, president of the European Investment Bank, joins CNBC's Geoff Cutmore at the IIF conference to discuss how the private sector and the international community need to rally together to support the Ukraine economy.
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