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Commission and EIB provide loan for CureVac for vaccine development


6.7.2020 – The European Investment Bank (EIB) and CureVac, a clinical-stage biopharmaceutical company developing a new class of transformative medicines based on optimised mRNA, entered into a €75 million loan agreement to support the Company’s ongoing development of vaccines against infectious diseases, including its vaccine candidate CVnCoV aimed at preventing SARS-CoV-2 infections. In addition, the [...]

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Commission opens infringement procedure against Slovenia

Slovenski euro

The European Commission has taken the first step in an infringement procedure against Slovenia in relation to the seizure of European Central Bank (ECB) information that took place at the Central Bank of Slovenia in 2016. This step takes the form of a Letter of Formal Notice. On 6 July 2016, in the context of [...]

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One third of the Italian banks failed tests


Stress tests of the ECB’s and the European Banking Agency (EBA) has not passed 25 European banks out of 130 major banks in the euro area. One third or more precisely 37.5 percent of them are the Italian banks. The “failed” banks will have to within two weeks submit plans to ECB to improve its [...]

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