The European Investment Bank (EIB) has announced financing of €475m to upgrade Brussels’ north to south tram system. The money will, among other things, be used to build a tunnel…

The European Commission has launched a probe into allegations of “dumping” by Chinese manufacturers of mobile access equipment onto the European market. It follows a complaint lodged on 29 September…

High interest rates and soaring building costs have brought an end to growth in the EU’s construction industry and are likely to lead to a decline next year. These are…

A total of €247m in funding has been raised for modernisation and safety work on the A32 motorway that connects northwest Italy and France via the Frejus tunnel. The project…

The EU’s Innovation Fund has given a €100m grant to Norwegian battery maker Freyr for its $1.6bn Giga Arctic project in northern Norway. Giga Arctic has been under development in…

The EU’s Connecting Europe Facility has awarded an additional €928m in funding to an 870km rail line intended to pull the old Soviet states of Estonia, Latvia and Lithuania into…

The European Investment Bank (EIB) has given a €475m loan to the Brussels Capital Region to fund a scheme intended to make public transport more attractive than driving in the…

EU Commission president Ursula von der Leyen today said the EU could seize €300bn of Russian Central Bank reserves and use it to rebuild Ukraine. A further €19bn of Russian…

The European Investment Bank (EIB) is aiming to mobilise €2.5bn of investment in climate action projects in partnership with five private equity partners. The money will be spent on meeting…