Matthias Mueller, chief executive of  Volkswagen, after  addressing journalists at  an assembly line  in Wolfsburg. Photograph: Getty Images

The EU’s anti-fraud agency has launched an investigation into Volkswagen in the latest of a series of inquiries into the emissions scandal at the Germ(...)

Jyrki Katainen: favours a more market-focused emphasis.  Photograph: Thierry Charlier/AFP/Getty

He has held the office of finance minister, party leader and prime minister, and all before the age of 40, but Jyrki Katainen faced one of his toughes(...)

AIB said there had been strong demand from businesses and farmers for its loans, which are available at a rate of 4.5 per cent rate

AIB has approved more than €60 million in business credit to over 1,300 customers following the launch in March this year of a €200 million fund backe(...)

EU Commissioner for research, science and innovation Carlos Moedas: “With public resources limited, it is even more essential to attract private R&D investment.”

The EU is very good at turning money into research discoveries but not so good at turning these discoveries into products and services – and this will(...)

Simon Hamilton: wants to create the first Northern Ireland Investment Fund to inject millions of pounds into communities and create local business opportunities and new jobs.  Photograph: Kelvin Boyes/Press Eye/PA Wire

Too early for Christmas wish lists? Not according to the North’s Finance Minister who has a new £1 billion (€1.25 billion) investment fund at the top (...)

This is the second part of a total loan facility of €200m agreed by ESB Networks with the European Investment Bank. The first tranche was signed in December last year.

ESB has agreed a loan facility with the European Investment Bank (EIB) for €100 million.ESB said as well as supporting work to connect wind farms in t(...)

Incoming European Commission president Jean-Claude Juncker: sounding out EU leaders on tapping the ESM bailout fund to finance a €300 billion stimulus programme for struggling EU economies. Photograph: Jock Fistick/Bloomberg

France is becoming embroiled in an increasingly fractious battle with Brussels over its failure to meet deficit targets set by the European Commiss(...)

The European Investment Bank (EIB) is to lend the University of Ulster £150 million (€182.4 million) to support major campus development projects a(...)

Ireland received almost €680 million from the European Investment Bank last year, a 35 per cent increase on 2012(...)

Minister for Transport Leo Varadkar has signed the first contract relating to construction work on the €368 million Luas extension. Photograph: Alan Betson/ The Irish Times.

Construction work on the extension of Dublin’s Luas system, which will see the Green and Red lines linked for the first time, is to begin next (...)