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Hungary blocking Ukraine loan 'illogical' - Swedish foreign minister

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Eco-Innovation

This Swedish city has put its money where its mouth is on green issues

The council is holding itself to strict standards on energy and EVs as it seeks to be close to carbon-free by 2030.

Business

Italy's Banca Progetto accused of lending to mafia

A court found that companies linked to the ‘ndrangheta mafia were able to access state-backed loans.

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Volkswagen faces hefty fine for mistreatment of UK customers

The UK's financial watchdog found Volkswagen had sometimes confiscated cars from vulnerable customers "without considering other options".

Economy

German firms struggle to secure loans as economic uncertainty persists

Hesitancy from German banks is at its highest level in seven years, according to the IFO.

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Economy

How the 'banker to the poor' revolutionised financial inclusion

Integrating the 1.4 billion people around the world with no access to a bank account into the financial system is a top priority for governments around the world. Euronews Business looks at the role microlending can play and the legacy of Muhammad Yunus.

Business

Germany approves bailout for struggling Meyer Werft shipbuilder

The federal government and the state of Lower Saxony are collectively buying up 80% of the firm, as the shipbuilder struggles with a nearly €2.8 billion hole in its balance sheet.

Business

German state decides on lifeline for sinking Meyer Werft shipyard

Meyer Werft, one of the world's biggest cruise ship builders, is battling with a €2.7 billion hole in its balance sheet. The German state has proposed a rescue plan.

Business

Dutch authorities fine Santander over 'irresponsible' lending

This is the second such fine given to the Spanish bank by the Dutch watchdog, which accuses Santander of not gaining enough financial information about some customers, thereby leaving debtors vulnerable.

Economy

Euroviews. Europeans should bet on modernising the World Bank and IMF

In this decisive year for climate finance, the moment is now for strengthening the World Bank and IMF’s capacity to provide climate finance to developing countries, David McNair and Ameer Chughtai write.

World News

G7 leaders agree on €46 billion loan package for Ukraine

US President Joe Biden and top global allies took action on dual fronts on Thursday at the G7 summit to reinforce their solidarity with Ukraine as it fights off Russia's invasion

Green News

Can the world agree on climate finance before COP29?

Countries are set to make a new commitment on climate finance at the UN climate conference in November this year.

Economy

How Russian state assets could yield tens of billions in cash for Kyiv

Issuing a loan could bring tens of billions for Ukraine to finance its defence, according to the US.

Business

Mis-sold car finance: UK drivers could be owed thousands

Car buyers may have been charged unfair interest rates on motor loans, according to the UK’s financial regulator.

Economy

UK homebuying struggle: Deposits hit 105% of average annual income

The price of an average house in the UK increased further in January, at the swiftest rate since October, according to mortgage provider Nationwide.

Economy

Student loans in Europe: Is university worth the debt?

Euronews Business looks at how fees and support systems work in higher education in Europe, particularly in the UK. We also examine how the employment of recent graduates and salaries vary by educational level.

Economy

French banks ploughing billions into green and sustainable loans

French banks have doubled the amount of green and sustainable loans given out in 2022, reaching a total of €216 billion, as announced by the Banque Populaire Caisses d'épargne (BPCE) Chairman Nicolas Namias.