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Economic Watch: European economy rebounds thanks to vaccination, but uncertainties abound - World News

2021-07-15 01:36:01 GMT2021-07-15 09:36:01(Beijing Time) Xinhua English
by Xinhua writer Chen Wenxian
VALLETTA, July 15 (Xinhua) Fueled by vaccination campaigns, the European economy started to rebound in the second quarter of this year, and is expected to recover faster than expected for the whole year.
Nevertheless, economists remain concerned over the possible emergence of vaccine-resistant strains of COVID-19, as a recovery depends largely on Europe s ability to keep the pandemic under control.
RECOVERY STARTS
Figures published by the European Center for Disease Prevention and Control showed that as of July 4, an average of 65.1 percent of adults in the European Union and European Economic Area had received at least one vaccine dose. ....

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State of the art of the Italian liquidity measures - Keeping Italian Companies Alive? | White & Case LLP

State of the art of the Italian liquidity measures - Keeping Italian Companies Alive? | White & Case LLP
jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.

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Impact of coronavirus on loans in Italy (UPDATED) | Hogan Lovells

We describe below the legal impact on Italian loan transactions of the current health emergency caused by COVID-19 in light of the recent case law and the latest legislative measures,. ....

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Italy: Eni and Italian Banking Association (ABI) sign MoU on sustainability

Italy: Eni and Italian Banking Association (ABI) sign MoU on sustainability
24 May 2021
Italian Banking Association (ABI) have signed a Memorandum of Understanding (MoU) to improve dialogue and collaboration between the banking sector and Eni, and facilitate the economic transition towards more environmentally sustainable models. The MoU was signed by Antonio Patuelli, President of the Italian Banking Association, and Lucia Calvosa, Chairman of Eni, and will lead to the establishment of a joint working group.
ABI and Eni are aiming to identify issues of common interest and address sustainable development issues, and will also look to explore the application of EU sustainability criteria to financial products, the use of green investments to promote sustainability, the promotion of widespread awareness of these issues, and opportunities to collaborate with the academic world. ....

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Eni, Italian banks discuss future co-operation

Eni, Italian banks discuss future co-operation
May 24, 2021 9:40:am
Summary
Borrowers need to understand what financing will be available for energy projects as the energy transition advances.
by: William Powell
Posted in:
Eni, Italian banks discuss future co-operation
Eni and the Italian Banking Association (ABI) have signed a memorandum of understanding (MoU) to improve dialogue and collaboration, the Italian energy company said May 21.
As the energy transition gathers pace and social and shareholder pressures to decarbonise grow, earlier assumptions about the availability of money for oil and gas projects no longer apply. Awareness is growing that sustainability and environmental, social and governance (ESG) factors can have an increasing impact on financial performance, Eni said. ....

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