Latvia receives record-high EIB Group financing of €381 million in 2025
Latvia, Feb. 2 -- The European Investment Bank (EIB) Group increased financing for Latvia to a record €381 million in 2025 to speed up the green transition, strengthen infrastructure and promote loans for households and businesses. The EIB Group last year also opened its first office in Riga to anchor a closer partnership with authorities, companies and financial intermediaries in the country. Financing by the EIB Group in Latvia last year equalled 0.9% of the country's gross domestic product (GDP). That support helped mobilise total investments of about €1.3 billion, equivalent to 2.9% of GDP or €682 per person.Over the past five years, annual EIB Group financing for Latvia has averaged €195 million. Relative to the...
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