Europe News

EBRD promises extra trade finance support for Ukraine

The European Bank for Reconstruction and Development (EBRD) has unveiled fresh trade finance support for businesses affected by Russia’s invasion of Ukraine, both in …

Europe / 16-03-22 / by Felix Thompson

Lloyds Bank bets on invoice financing with £5mn investment in Satago

Lloyds Bank is ramping up its invoice finance operations in the United Kingdom, taking a 20% stake in cash management platform Satago. Based in …

Europe / 10-03-22 / by Eleanor Wragg

UK exporter numbers decline amid post-Brexit reshoring

The number of UK businesses that export has declined in the year since the United Kingdom officially separated from the European Union, according to …

Europe / 09-03-22 / by Eleanor Wragg

Commodity banks pile into Trafigura’s European RCF refinancing

Trafigura has refinanced its European multi-currency syndicated revolving credit facilities (RCFs) worth US$5.3bn, in a pair of deals that the commodity trading giant says …

Europe / 03-03-22 / by Felix Thompson

Banks, corporates worried EU capital requirements shake-up will hurt trade finance

Proposed changes to the treatment of trade finance in the EU’s capital requirements regulations could push up financing costs for businesses and allow insurers …

Europe / 02-03-22 / by Jacob Atkins

EU launches Chips Act to onshore semiconductor manufacturing

The European Union has laid out plans to ramp up semiconductor manufacturing across the bloc, as it bids to stave off a future supply …

Europe / 09-02-22 / by Felix Thompson

European Commission’s green nod to gas reignites energy transition debate

The European Commission’s decision to allow gas and nuclear power projects to be considered sustainable investments has fuelled debate over the role of the …

Europe / 09-02-22 / by Jacob Atkins

UKEF signs guarantee backing Jaguar Land Rover’s EV exports

The UK’s export credit agency is providing a £500mn loan guarantee to automotive manufacturer Jaguar Land Rover, in a bid to boost the country’s …

Europe / 02-02-22 / by Felix Thompson

Analysis: Tackling ‘functional equivalence’ to make MLETR work in Germany

Nine months have passed since the digital and technology ministers of the Group of Seven (G7) nations committed to adopt electronic transferable records in …

Europe / 31-01-22 / by Eleanor Wragg

Beleaguered UK steel sector welcomes US tariff talks but pleads for wider government support

UK steel industry groups are calling for swift action to remove tariffs on exports to the US after the two governments opened talks, though …

Europe / 26-01-22 / by John Basquill