Adam

European Guarantee Fund well over half its €24.4 bn target in first 6 months

The EIB Group and contributing Member States have approved €16 billion in financing to date, equalling about two thirds of the total size of the European Guarantee Fund (EGF). The €24.4 billion fund, a key part of the EU recovery package to get the economy back on track, is expected to mobilise up to €200 […]

Agriculture Ministry: Sustainability of Food Systems in Focus at EU Pre-Summit

Minister of Agriculture István Nagy, representing Hungary at the Pre-Summit of the UN Food Systems Summit in Rome, told the ministerial meeting that the role of local and seasonal foods, short supply chains and reliable information supply was increasingly important in developing sustainable food systems.

Payments statistics: 2020

Total number of non-cash payments in euro area increased by 3.7% to 101.6 billion and total value increased by 8.7% to €167.3 trillion Card payments accounted for 47% of total number of non-cash payments, while credit transfers accounted for 23% and direct debits accounted for 22% Number of payment cards issued increased by 6.5% to 609 million, representing around 1.8 payment cards per euro area […]