Tag: EIB

#EIB approves €7 billion for new social housing, clean energy, transport and business investment

#EIB approves €7 billion for new social housing, clean energy, transport and business investment

| September 11, 2019

The European Investment Bank (EIB) has agreed €7 billion of new financing. This includes support for new investment to improve social housing, clean energy and sustainable transport, telecommunications, health and education. The EIB also approved more than €2.8bn of new support for business investment through both direct financing and credit lines with local banks. “This […]

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#EIB European Investment Bank signs €25 million financing deal with podcast company #Acast under the #JunckerPlan

#EIB European Investment Bank signs €25 million financing deal with podcast company #Acast under the #JunckerPlan

| August 28, 2019

The European Investment Bank (EIB) has signed a €25 million ‘quasi-equity’ financing agreement with podcast company Acast to expand its research and development activities and to further develop its audio content distribution platform. As well as independent podcasts, Acast also looks after the audio content of larger publishers, such as the Financial Times, the Guardian, […]

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#JunckerFund to mobilize almost €400 billion in investment after new projects approved

#JunckerFund to mobilize almost €400 billion in investment after new projects approved

| May 21, 2019

Following the latest meeting of the European Investment Bank (EIB) Board of Directors, the European Fund for Strategic Investments (EFSI) – the Juncker Fund – is now expected to trigger €398.6 billion in investments. As of May 2019, the deals approved under the Juncker Fund amount to €73.8bn in financing and are located in all 28 […]

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#EIB to support €3.4 billion of new investment in business, innovation, agriculture and tourism

#EIB to support €3.4 billion of new investment in business, innovation, agriculture and tourism

| May 20, 2019

The Board of Directors of the European Investment Bank (EIB) approved a total of €3.4 billion of new financing that will strengthen research and innovation and enable companies to expand and improve access to water, transport, and education. This will support new projects in 17 countries. “Europe must build on its technological and scientific strengths […]

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#EIB investment report: EU risks losing ground on innovation to US and #China

#EIB investment report: EU risks losing ground on innovation to US and #China

| December 3, 2018

A backlog of investment continues to weigh on Europe‘s economy: climate change mitigation investments remain depressed, while EU firms are still not putting enough resources into research and development, other intangibles, and even machinery and equipment, to stay globally competitive. The share of investment and other growth-enhancing expenditure in total government expenditures remains low, in […]

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#EIB approves new #ComplaintsMechanism

#EIB approves new #ComplaintsMechanism

| November 16, 2018

On 13 November, the board of the European Investment Bank (EIB) approved a revised Complaints Mechanism policy. This is intended to further improve handling of complaints, strengthen accessibility of the independent Complaints Mechanism and ensure a more timely response.  Following adoption of the revised policy, the EIB will also create a new procedure to handle […]

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#JunckerPlan – €120 million to prepare future of mobility

#JunckerPlan – €120 million to prepare future of mobility

| November 7, 2018

The European Investment Bank (EIB) is providing Austrian company KTM AG with a €120 million loan to develop its research and innovation activity. This loan is backed by the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe – the Juncker Plan. KTM will use the fresh financing to strengthen […]

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