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Euro area bank interest rate statistics: October 2020

Composite cost-of-borrowing indicator for new loans to corporations and for new loans to households for house purchase broadly unchanged at 1.53% and at 1.36%, respectively Composite interest rate for new deposits with agreed maturity from corporations broadly unchanged at -0.17%, with interest rate for overnight deposits from corporations unchanged at 0.00% Composite interest rate for new deposits with agreed maturity from households broadly unchanged at 0.25%, […]

EU Commissioner Calls for Continued Article 7 Procedure Against Hungary, Poland

The European Union’s Article 7 procedures currently under way against Hungary and Poland should be upheld until issues around the rule of law in those countries are resolved, Didier Reynders, EU Commissioner for Justice, told the European Parliament’s Committee on Civil Liberties, Justice, and Home Affairs (LIBE), in Brussels.

EMA receives application for conditional marketing authorisation of COVID-19 mRNA vaccine BNT162b2

EMA has received an application for conditional marketing authorisation (CMA) for BNT162b2, a COVID‑19 mRNA vaccine developed by BioNTech and Pfizer. The assessment of BNT162b2 will proceed under an accelerated timeline. An opinion on the marketing authorisation could be issued within weeks, depending on whether the data submitted are sufficiently robust and complete to show […]

EMA receives application for conditional marketing authorisation of Moderna COVID-19 vaccine

EMA has received an application for conditional marketing authorisation (CMA) for a COVID-19 mRNA vaccine by Moderna Biotech Spain, S.L. (a subsidiary of Moderna, Inc.). The assessment of the vaccine known as Moderna Covid-19 vaccine (also referred to as mRNA1273) will proceed under an accelerated timeline. An opinion on the marketing authorisation could be issued within weeks, […]

Austria: EIB Group cooperates with Hypo Vorarlberg to support climate action investments

In the context of EIB Group’s response to the COVID-19 pandemic, the EIB will unlock part of Hypo Vorarlberg’s regulatory capital The Austrian bank will use its increased capacity to support fresh lending to energy efficiency projects in line with the EIB’s commitments to increase its climate action lending The EIB Group transaction benefits from […]