EIB Group approves new financing for European security, transport, energy, water and deep-tech as well as support for Ukrainian firms
Ukraine, April 11 -- The Boards of Directors of the European Investment Bank (EIB) and the European Investment Fund (EIF), meeting this week, approved new financing to support economic prosperity and resilience, boost innovation and EU's strategic autonomy in new technologies, and deepen global partnership. The EIB Board approved a total of €3.6 billion of new projects for water and energy infrastructure, housing and clean transport.The EIF's Board approved transactions totalling €2.2 billion, including four operations under the EU4Business Guarantee Facility to facilitate access to finance for war-affected enterprises in Ukraine.Backing the automotive sectorThe EIB Board of Directors discussed ways to further step-up support fo...
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