Amid debt crisis talks and concerns of a splitting Eurozone, the European Investment Bank has announced that it will donate $1.4 million in geothermal energy grants in the Caribbean. The project hopes to replace fossil fuels with geothermal renewable energy. The funds will help boost preparations for testing of potential electricity generation as well as…
Luxembourg Expects Large Investments in 2012, Strengthens Ties with Dubai
Luxembourg officials recently shared that the country plans to draw significant investments from the Gulf region and the UAE. “Europe has its share of crises. It is enormous in nature, but it is too early to write it off as an investment destination. The continent has huge investment opportunities. I am sure a number of…
Asian Businesses Eye Investment Opportunities in Europe
A recent survey has revealed that unlike North American investors, Asian businesses see strong investment potential in European corporations as the Eurozone debt crisis exposes unique opportunities. In fact, 45% of Asian business executives revealed plans to invest in 2012, while three quarters agreed there is potential. U.S. and Canadian leaders, on the other hand,…
Eastern European News
Lithuania Propels into Fintech
Lithuania is fast gaining a reputation for being the most accelerated Fintech hub in all of Europe. It features year-on-year 40% growth in the area as well as a burgeoning talent base and quite unique regulatory route. This has rendered it Europe’s largest e-money license issuer. As such, large names are flocking to the area…
Business in Europe: Best Countries Report
Yesterday the European Chamber (EUCHAM) put out a report of “rank[ing] and analyz[ing] all 46 European countries according to their economic environment.” In brief, it was found that the list toppers were those from the Nordic regions (Denmark, Finland, Norway and Sweden). Next on the list was the UK. While in general the FSU countries…
