Estonia financing from EIB Group totals €498 million in 2024, fuelling business innovation and green growth
Estonia, Jan. 30 -- The European Investment Bank (EIB) Group's financing in Estonia last year amounted to €498 million, representing 1.3% of Estonia's GDP. This was the second highest in the European Union as a share of gross domestic product (GDP). This support helped hundreds of businesses grow and contributed to making the country greener, generating nearly €2.2 billion in additional investments.The EIB Group commitments last year in Estonia supported 800 SMEs as well as Mid-Caps and sustained 4,300 jobs across the country. The main operation was a €400 million EIB loan to the Estonian government for EU grants co-financing, including for green and digital initiatives. The level of EIB Group funding in Estonia last year ...
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