FILE PHOTO: Plenum session of the lower house of parliament, Bundestag, in Berlin
SANTIAGO DE COMPOSTELA - German Finance Minister Christian Lindner said at the informal EU finance ministers meeting on Friday that a decision is not expected this week on who will become European Investment Bank president. "There are several well-qualified candidates, for example our host today, Nadia Calvino," Lindner said before the meeting of euro zone finance ministers.
Lindner said the German government hasn't made a decision yet on which candidate to back, "but we have a clear picture of how the EIB should develop."But he also noted that the bank has some room for improvements. "The EIB can be more agile," Lindner said. "For us today and the next weeks, it is essential to have an exchange on the use of the EIB, and after that, we will make decisions about the person," Lindner said.
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No decision on EIB presidency expected this week - German Finance MinisterSANTIAGO DE COMPOSTELA (Reuters) - German Finance Minister Christian Lindner said at the informal EU finance ministers meeting on Friday that a ...
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US factory booms strengthen MUFG's dominance in project financeBy Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) - A U.S. factory construction boom driven by tax credits in the Inflation Reduction Act (IRA) is ...
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US factory booms strengthen MUFG's dominance in project financeA U.S. factory construction boom driven by tax credits in the Inflation Reduction Act (IRA) is helping Mitsubishi UFJ Financial Group (MUFG) to shore up its dominance in project finance, a senior executive at the top Japanese lender said. MUFG ranked No. 1 in U.S. project finance loans for 13 straight years, as it took advantage to bridge the gap created by the 2008 global financial crisis that forced U.S. and European rivals to cut risk-weighted assets on their balance sheets. The bank's experience through tough times and retained capabilities have put it in a strong position to benefit from a recent surge in project finance deals, Fumitaka Nakahama, the chief of MUFG's global corporate and investment banking, told Reuters.
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US factory booms strengthen MUFG's dominance in project financeMarket News
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