EFSE and BT Mic Join Forces to Provide Local Currency Financing for Romanian MSEs

The European Fund for Southeast Europe (EFSE) has provided BT Microfinanțare (BT Mic), part of Banca Transilvania Financial Group, with a second loan in Romanian leu equivalent to EUR 7 million to expand access to local currency finance for micro and small enterprises (MSEs) in the country. BT Mic focuses …

41 European Mayors Declare Support for a Just Transition from Coal

A group of 41 mayors from 10 coal regions in 9 European countries are launching a statement supporting a just transition to the post-coal era. Two of the mayors – from the Czech Republic and Germany – presented this statement to the EU Commission’s Deputy Director-General for Energy, Klaus-Dieter Borchardt …

Hydropower Balkans 2018

Second annual International investment Summit and Exhibition “Hydropower Balkans 2018” (6-8 November 2018, Budva, Montenegro) is a dedicated platform bringing together ministers, major investors, decision-makers of flagship hydropower plants, and investment project initiators, as well as regulators, in a concerted effort to efficiently execute key projects for HPP construction and …

Giant African Baobab Trees Die Suddenly after Thousands of Years

Some of Africa’s oldest and biggest baobab trees have abruptly died, wholly or in part, in the past decade, according to researchers. The trees, aged between 1,100 and 2,500 years and in some cases as wide as a bus is long, may have fallen victim to climate change, the team …

Romania Breaks Up Alleged €25m Illegal Logging Ring

Romania’s security forces have mounted a series of raids to break up an alleged €25m illegal logging ring, in what is believed to be the largest operation of its kind yet seen in Europe. Officers from Romania’s Directorate for Investigation of Organised Crime and Terrorism (DIICOT) swooped on 23 addresses …

Two Studies Reveal Amazing Resilience of Older Forests

Maybe you can’t teach an old dog new tricks, but two recent studies revealed that old forests around the world are full of surprises. In Europe, scientists working to complete the first ever map of the continent’s old growth forests discovered there were more of them than previously believed. And …

Romania Doubles Incentives For Plug-In Electric Vehicles

In a bid to help reduce the country’s growing air pollution problems, the government of Romania has reportedly doubled the incentives on offer for buyers of plug-in electric vehicles. Following the changes — creating the “Rabla Plus” program out of the earlier “Rabla” program — the government in the country …