SES appoints michel Scholer to Board of Directors. Michel brings extensive leadership, governance and strategic policy experience through his roles with the Luxembourg government Published on 09/23/2026 at 12:54 pm EDT Business Wire SES today announced the appointment of Mr. Michel Scholer, Secretary General of the Luxembourg Government and Chief of Staff to the Prime Minister, to its Board of Directors effective immediately. This appointment is part of SES's Board succession planning and ongoing commitment to regularly review and strengthen the composition of its Board with diverse expertise and industry experience, ensuring the company is well positioned for future growth and value creation. Prior to his current role with the Luxembourg Government, Mr. Scholer served as a Senior Adviser to the International Monetary Fund, and with the Ministry of Finance, Luxembourg. He was nominated for the SES Board of Directors by the Government of the Grandy Duchy of Luxembourg. Follow us on: LinkedIn | Facebook | YouTube | X | Instagram Read our Blogs > Visit the Media Gallery > At SES, we believe that space has the power to make a difference. That's why we design space solutions that help governments protect, businesses grow, and people stay connected - no matter where they are. With integrated multi-orbit satellites and our global terrestrial network, we deliver resilient, seamless connectivity and the highest quality video content to those shaping what's next. Following our Intelsat acquisition, we now offer more than 100 years of combined global industry leadership - backed by a track record of bringing innovation "firsts" to market. As a trusted partner to customers and the global space ecosystem, SES is driving impact that goes far beyond coverage. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: www.ses.com View source version on businesswire.com: https://www.businesswire.com/news/home/20260923519055/en/ (C) Business Wire - 2026

IMF to open new center in Rome to support Western balkans and Moldova on EU integration. The International Monetary Fund (IMF) will establish a new South East Europe Technical Assistance Center (SEETAC) in Rome to support Western Balkan countries and Moldova as they advance toward European Union membership 10th September 2026 IMF Managing Director Kristalina Georgieva announced the initiative in Brussels, saying EU enlargement is once again high on the European agenda and could provide a significant boost to economic growth across Europe. The new center is expected to begin operations within the next few weeks, with support from Italy, the European Commission, Greece and Luxembourg, as well as beneficiary countries. SEETAC will provide policy advice, technical assistance and capacity development to countries in the EU accession process. It will complement the IMF's existing center in Vienna, which provides training to countries including Ukraine. Georgieva said EU membership offers candidate countries a major opportunity to accelerate growth and improve living standards, but stressed that the benefits depend on successful domestic reforms and stronger productivity. 11th September 2026 10th September 2026 According to her, productivity accounts for around two-thirds of the overall increase in income associated with EU accession. She also emphasized that productivity does not automatically increase with EU membership. It depends on investment, innovation, competition and the ability of local and foreign companies to take advantage of new opportunities created by integration. The IMF chief argued that successful enlargement would benefit not only candidate countries but also existing EU members, particularly at a time when Europe is facing demographic and fiscal pressures, rising geopolitical tensions and weaker global growth. She also called for deeper integration of the EU single market, saying that a larger Europe would be stronger if it were also more integrated.

The IMF plans to open an office in Caracas as it intensifies its relationship with Venezuela. The Washington-based institution aims to step up technical assistance to the country now that Venezuela has begun sharing more economic data with the IMF. By Jorgelina do Rosario September 3, 2026 | 5:13 PM Bloomberg - The International Monetary Fund is considering opening a local office in Venezuela, which would establish a permanent presence in the country for the first time in years, according to people familiar with the matter. The Washington-based institution seeks to boost technical assistance to the country now that Venezuela has started sharing more economic data with the IMF, according to these people, who asked to remain anonymous discussing confidential information. The idea has been discussed with Venezuelan officials, but no final decision has been made yet, they added. Representatives of the Venezuelan government did not respond to a request for comment. An IMF spokesman said the Fund has remained in close contact with Venezuelan authorities as their collaboration with the country intensifies. The move comes about five months after Venezuela officially resumed relations with the IMF under the interim administration of Delcy Rodríguez. After years of isolation, senior IMF officials traveled to Caracas in late July for the first time in more than two decades. That visit was followed by a broader mission of IMF staff that is expected to conclude this week, the people said. An IMF spokesman noted that a technical team is currently in Caracas to discuss capacity development, data supply and institutional strengthening. The IMF has not carried out its usual annual review of the country's economy, known as an Article IV consultation, since 2004. Venezuela has recently resumed publishing key economic data, including inflation and gross domestic product, after years of irregular publications. The government, which is facing liquidity difficulties, has also worked closely with the Trump administration to open this oil-rich nation to foreign investors and lay the groundwork for restructuring its debt after nearly a decade of default. So-called "resident representatives" are assigned to local offices, allowing Washington officials to build closer ties with member countries and IMF staff to provide technical assistance and advice on the ground. The Fund opened its first local office in a member country in 1956 in Paraguay, followed by Bolivia and Haiti later that same year. Technical assistance is a key form of non-financial support that the Fund offers to its members to strengthen institutions such as central banks and statistical agencies. With collaboration from Nicolle Yapur. Read more at Bloomberg.com