Europe News

Institute of Export & International Trade rolls out £1mn SME education boost

The Institute of Export & International Trade (IoE&IT) has opened a £1mn voucher scheme to help British businesses access help to export. Through the …

Europe / 23-03-22 / by Eleanor Wragg

Fresh compliance work for banks in EU human rights due diligence draft law

A proposed EU regulation on corporate due diligence, aimed at rooting out human rights and environmental abuses in supply chains, will make compliance efforts …

Europe / 23-03-22 / by Jacob Atkins

Director of collapsed commodities trader fights US$14mn UBS lawsuit

The former director of a collapsed UK commodities trading company has hit back at claims by UBS that he allowed company funds to be …

Europe / 22-03-22 / by Jacob Atkins

Law Commission publishes draft electronic trade documents legislation

Another step has been taken towards achieving legal equivalence for electronic versions of trade documents, with the publication of draft legislation by the Law …

Europe / 22-03-22 / by Eleanor Wragg

European, Russian and global lenders back MET Group’s annual RCFs

Swiss-based energy company MET Group has extended its annual revolving credit facilities (RCFs), drawing in €1.1bn from a group of commercial banks. The agreement …

Europe / 22-03-22 / by Felix Thompson

Analysis: Russia and Ukraine contract considerations for commodity traders and financiers

The Russian invasion of Ukraine has caused the fastest-growing humanitarian crisis in Europe since the Second World War, as well as unleashing turmoil in …

Europe / 21-03-22 / by Eleanor Wragg

Coriolis launches real-time sanctions tracker with Institute of Export & International Trade

Coriolis Technologies and the Institute of Export and International Trade (IoE&IT) have partnered to launch an online sanctions tracker to help businesses navigate the …

Europe / 21-03-22 / by Eleanor Wragg

UKEF, StanChart and Credit Suisse team up on Turkish rail project

UK Export Finance (UKEF) has agreed to guarantee a €2.4bn loan from a group of commercial banks for a high speed electric railway project …

Europe / 17-03-22 / by Felix Thompson

Credendo mulls €4bn Russia exposure, joint venture as export credit agencies feel pinch

Belgium’s export credit agency (ECA) Credendo is weighing up the future of its joint venture with a commercial Russian insurer amid Russia’s invasion of …

Europe / 16-03-22 / by Jacob Atkins

European finance ministers target ECAs, OECD with fossil fuel reforms

Export credit agencies (ECAs) in the EU have been given until the end of next year to set deadlines for ending support for the …