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 …

PFAS Pollution Is Widespread in Europe but Risks Are Still Poorly Understood

The EEA briefing ‘Emerging chemical risks in Europe — PFAS’ presents an overview of the known and potential risks to human health and the environment in Europe posed by per- and polyfluorinated alkyl substances (PFAS). These extremely persistent and man-made chemicals are used in a variety of consumer products and …

Don’t Pursue Economic Growth at Expense of Environment – Report

Pursuing economic growth at the expense of the environment is no longer an option as Europe faces “unprecedented” challenges from climate chaos, pollution, biodiversity loss and the overconsumption of natural resources, according to a report from Europe’s environmental watchdog. Europe was reaching the limits of what could be achieved by …

Carcinogenicity Assessment Was Flawed for 4 out of 10 Pesticides, New Report Shows

A new review of carcinogenicity assessments of pesticide active ingredients shows 40 percent of them are not carried out in compliance with existing European guidelines, leading to possible continued exposure of farmers and consumers to cancer-causing pesticides. In 30 percent of the cases significant details were missing from the dossiers, …

EU Imposes Hen Welfare Standards on Egg Imports for First Time

A trade agreement to import produce into the European Union is set to be conditional upon animal welfare requirements for the first time. Eggs imported from Brazil, Argentina, Paraguay and Uruguay to member states will only be duty-free if the hens are kept in line with EU standards under the …

EU Aims to Tackle Climate Change With Newly Adopted ‘Green Finance’ Guidelines

Newly adopted guidelines set forth by the European Commission Tuesday aim to tackle climate change by way of the financial sector. The move comes to bolster the success of the Sustainable Action Plan published last year to reorient capital flows toward sustainable investment and manage financial risks from climate change, …