European promotional institutions and EIB join forces to support EU security and defence
Luxembourg, June 6 -- The national promotional institutions of France, Germany, Italy, Poland and Spain as well as the European Investment Bank (EIB) will cooperate to bolster Europe's security and defence industry. The six long term investors - Caisse des Depots, Kreditanstalt fur Wiederaufbau (KfW), Cassa Depositi e Prestiti (CDP), Bank Gospodarstwa Krajowego (BGK) and Instituto de Credito Oficial (ICO) and the EIB - agreed to further explore cooperation opportunities.The cooperation will focus on areas of investment and on potential joint financing in sectors such as research and development, industrial capacity, and infrastructure.The agreement reached today in Warsaw - in the margins of the European Association of Long-Term Investors (...
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