EIB Group approves €7.1 billion in new financing for European tech leaders, energy security, defence and support for Ukraine
Ukraine, Sept. 25 -- The Boards of Directors of the European Investment Bank (EIB) and the European Investment Fund (EIF) held meetings this week and approved a total of €7.1 billion in new financing to support the European Union's (EU) technological leadership, boost investment in energy security and life sciences and back projects for climate adaptation and urban development in Italy, business support in Spain and sustainable transport in Greece.The Board of the EIF approved the launch the 3Seas Fund-of-Funds facility to support infrastructure development in Central and Eastern Europe. The EIF also endorsed investments aimed at reinforcing Europe's technological leadership, with a focus on life sciences, digitalisation and defence c...
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