RSSEuropean Investment Bank

#InvestmentPlan supports energy-saving upgrade of heating distribution networks in two Polish cities

#InvestmentPlan supports energy-saving upgrade of heating distribution networks in two Polish cities

| January 29, 2020

The European Investment Bank (EIB) has signed two financing agreements with the heating distribution operators in the Polish cities of Bydgoszcz and Lublin to finance their modernization programmes. This project will result in energy savings thanks to reducing energy loss, as well as better air quality for local residents. Two EIB loans of PLN 100 […]

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Investment Plan for Europe backs SME financing agreement with #BBVA in #Spain

Investment Plan for Europe backs SME financing agreement with #BBVA in #Spain

| January 21, 2020

The European Investment Bank (EIB) is providing Spanish bank BBVA with a guarantee worth €300 million, enabling BBVA to offer €600m in financing to some 1,700 small businesses in Spain. Part of the guarantee is backed by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe. Economy that […]

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Executive Vice President Timmermans at #EIB in Luxembourg

Executive Vice President Timmermans at #EIB in Luxembourg

| January 7, 2020

On 6 January, Frans Timmermans, Executive Vice-President for the Green Deal visited the premises of the European Investment Bank in Luxembourg where he addressed the EIB staff. He said: “To achieve the ambition set by the European Green Deal, there are significant investment needs. We will only be able to meet these investment needs if […]

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#EUProgrammeForEmploymentAndSocialInnovation – €200 million for microfinance institutions and social enterprise lenders across Europe

#EUProgrammeForEmploymentAndSocialInnovation – €200 million for microfinance institutions and social enterprise lenders across Europe

| December 2, 2019

The European Union, the European Investment Fund (EIF), and the European Investment Bank (EIB) have launched a €200 million loan fund to support lending to micro-enterprises and social enterprises under the EU Programme for Employment and Social Innovation(EaSI). Commenting on the new EaSI loan fund. Employment, Social Affairs, Skills and Labour Mobility Commissioner Marianne Thyssen said: “We are delighted […]

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A European fund to support #CircularBioeconomy

A European fund to support #CircularBioeconomy

| December 2, 2019

The European Commission and the European Investment Bank (EIB) have announced the completion of the public procurement process for the selection of an investment advisor to set up and manage the European Circular Bioeconomy Fund (ECBF). The selected investment advisor is ECBF Management GmbH and Hauck & Aufhäuser Fund Services S.A. will act as the Alternative […]

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#EIB – Economic climate in EU is worsening and investment by EU firms is likely to slow down in 2020

#EIB – Economic climate in EU is worsening and investment by EU firms is likely to slow down in 2020

| November 26, 2019

European firms are becoming increasingly pessimistic about the economic outlook according to the new EIB Investment Report 2019/2020. The report also finds that investment in climate change mitigation is lower than that of major economies like the US and China. Infrastructure investment is stuck at 1.6% of EU GDP, the lowest in 15 years and Europe is […]

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#JunckerPlan ‘has made major impact on EU jobs and growth’

#JunckerPlan ‘has made major impact on EU jobs and growth’

| October 23, 2019

The Investment Plan for Europe, the Juncker Plan, has played a key role in boosting jobs and growth in the EU. Investments by the European Investment Bank (EIB) Group backed by the Juncker Plan’s European Fund for Strategic Investments (EFSI) have increased EU gross domestic product (GDP) by 0.9% and added 1.1 million jobs compared […]

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