10 Jun 2015
EUROPEAN COMMISSION DAILY NEWS – 10 JUNEBrussels Daily
EU increases investment and business cooperation with Latin America and the Caribbean
Today the European Commission has announced €118 million of new support for Latin America and the Caribbean, to increase EU investment and business cooperation in the region. The announcement was made at the Business Summit of the EU and the Community of Latin America and Caribbean States (CELAC), hosted by Commissioners Neven Mimica and Elżbieta Bieńkowska. Commissioner Mimica, responsible for International Cooperation and Development said:“Today’s event is an opportunity for businesses from both sides of the Atlantic to come together, share ideas and strengthen ties. The new programmes signed today will help to further strengthen inclusive growth for European and Latin American societies.” Commissioner Bieńkowska, responsible for Internal Market, Industry, Entrepreneurship and SMEs said: “Business creates the jobs and growth we need, on both sides of the Atlantic. SMEs have a lot to gain from internationalisation. This event can help build and strengthen partnerships and extend value chains connecting our continents.” A press release and a factsheet are available online.
EUROSTAT – Structure of government debt in 2014
In most EU Member States, the largest share of public debt is held by non-residents. Among the Member States for which data are available, Sweden (29% of total government debt has a term below one year) and Bulgaria (21%) registered in 2014 the highest proportions of short-term initial maturities of debt. Italy (15%), Hungary (14%), Portugal (13%) and France (12%) also recorded shares of short-term maturity debt above 10%. At the opposite end of the scale, almost all debt was made up of long-term maturities in Poland, Estonia and Slovakia. This information comes from a report released by Eurostat, the statistical office of the European Union. It provides detailed information on general government debt in the EU Member States broken down by subsector, financial instrument, debt holder, maturity, currency of issuance as well as government guarantees and other features. A press release is available here.
Read today’s edition in full : Daily News 10 – 06 – 2015