http://www.eib.org/infocentre/press/news/index.htmCopyright European Investment Bankhttp://www.eib.org/img/logo_s_en.gifhttp://www.eib.org/infocentre/press/news/index.htmen Thu, 23 May 2013 19:20:09 +0200 Thu, 23 May 2013 19:20:09 +0200 120 http://www.eib.org/infocentre/press/news/all/duarte-pitta-ferraz-member-of-the-audit-committee.htm?media=rss&language=en On the basis of a nomination by the Portuguese Republic in agreement with the Kingdom of Spain and by decision of the Board of Governors on 14 May 2013, Mr Duarte Pitta Ferraz (Professor University of Porto), was appointed as member of the Audit Committee with effect 15 May 2013, to succeed Mr José Rodrigues de Jesús whose term of office expired on 14 May 2013. The term of office of Mr Duarte Pitta Ferraz will expire in 2019, at the end of the day either of the Annual Meeting of the Board of ... Thu, 16 May 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/duarte-pitta-ferraz-member-of-the-audit-committee.htm http://www.eib.org/infocentre/press/news/all/finance-for-all.htm?media=rss&language=en EIB President Werner Hoyer joined Her Majesty Queen Maxima of the Netherlands, the UN Secretary General’s Special Advocate for Inclusive Finance for Development, to deliver a keynote speech on financial inclusion on the occasion of the Consultative Group to Assist the Poor’s (CGAP) council of governor’s annual meeting in Amsterdam on 15 May. Now more than ever, inclusion is vital: “the provision of inclusive financial services to micro-entrepreneurs, smallholder households and socially vulner... Thu, 16 May 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/finance-for-all.htm http://www.eib.org/infocentre/press/news/all/thierry-francq-new-chairman-of-the-audit-committee.htm?media=rss&language=en On the basis of a nomination by the French Republic in agreement with the Federal Republic of Germany, the Italian Republic and the United Kingdom of Great Britain and by decision of the Board of Governors on 14 May 2013, Mr Thierry Francq(Executive Advisor to the Director General of the French Treasury), was appointed as Chairman of the Audit Committee with effect 15 May 2013, to succeed Ms Danièle Nouy who tendered her resignation. The term of office of Mr Thierry Francq wiIl expire in 2014... Thu, 16 May 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/thierry-francq-new-chairman-of-the-audit-committee.htm http://www.eib.org/infocentre/press/news/all/providing-finance-to-smaller-businesses.htm?media=rss&language=en It is vital that small and medium-sized businesses are able to invest, even during a downturn. The EIB Group (EIB and EIF) is increasing its support to SMEs for the period 2013 to 2015 thanks to the EIB’s capital increase agreed in 2012. Last year already, we provided EUR 13bn to help finance more than 200 000 SMEs across Europe. This year, thousands of small and medium-sized companies will get access to attractive funding following loans with local banks. As banks are usually required to mat... Wed, 8 May 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/providing-finance-to-smaller-businesses.htm http://www.eib.org/infocentre/press/news/all/deleveraging-abating-in-emerging-europe-amid-regulatory-and-structural-shifts.htm?media=rss&language=en The second wave of funding reductions by western banks vis-à-vis Central, Eastern, and South Eastern Europe (CESEE) that started in mid-2011 is petering out. However, funding reductions have not stopped in all countries of the region and remain significant in Hungary and Slovenia, according to the latest Deleveraging Monitor from the Vienna 2 Initiative Steering Committee*. The report also noted that: Current ample global liquidity has not yet led to a return of cross-border lending to CESEE,... Fri, 3 May 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/deleveraging-abating-in-emerging-europe-amid-regulatory-and-structural-shifts.htm http://www.eib.org/infocentre/press/news/all/management-committee-meets-in-dublin.htm?media=rss&language=en Earlier this week the EIB Management Committee met in Dublin to coincide with the EU Presidency. Alongside a working dinner and a full management committee meeting in Dublin Castle being in Ireland enabled visits to recent EIB funded projects, such as the Trinity College Biomedical Centre and announcements of new engagement. The Management Committee is the Bank’s permanent collegiate executive body. It has nine members. Under the authority of the President and the supervision of the Board of ... Fri, 3 May 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/management-committee-meets-in-dublin.htm http://www.eib.org/infocentre/press/news/all/fabrizio-saccomanni-new-governor-for-italy.htm?media=rss&language=en Following the February general elections, a new cabinet was sworn in on 28 April 2013 and Mr Fabrizio Saccomanni has been appointed Minister of Economy and Finance. Mr Saccomanni has also become EIB Governor for the Italian Republic. Before his appointment as Minister of Finance, Mr Saccomanni was, since 2 October 2006, a Member of the Directorate and Director General of the Bank of Italy, an institution he joined in 1967. From February 2003 to September 2006, Mr Saccomanni served as Vice Pre... Thu, 2 May 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/fabrizio-saccomanni-new-governor-for-italy.htm http://www.eib.org/infocentre/press/news/all/eib-confirms-interest-in-funding-luas-cross-city-further-road-projects.htm?media=rss&language=en Following a meeting with Minister for Transport, Tourism & Sport Leo Varadkar, the President of the European Investment Bank, Werner Hoyer, has confirmed that the bank is considering providing funding to the Luas Cross City line. Minister Varadkar and President Hoyer reviewed the EIB’s involvement in transport infrastructure over recent years and today discussed the potential for EIB funding to assist with suitable future transport infrastructure projects. “I can confirm today that the EI... Tue, 30 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/eib-confirms-interest-in-funding-luas-cross-city-further-road-projects.htm http://www.eib.org/products/jessica/eoi/vp1117.htm?media=rss&language=en The European Investment Bank is launching a call for expressions of interest, under the JESSICA (Joint European Support for Sustainable Investment in City Areas) initiative, to select up to four financial intermediaries that shall receive financing of up to EUR 100 million to extend preferential loans for the energy efficiency renovation of multi-apartment block buildings. Event Date Documents Launch of Call for EoI 30.04.2013 EN Deadline for submission of Questions 17.05.2013 Deadlin... Tue, 30 Apr 2013 00:00:00 +0200 http://www.eib.org/products/jessica/eoi/vp1117.htm http://www.eib.org/infocentre/press/news/all/eib-reinforces-support-for-european-smes.htm?media=rss&language=en Today, the EIB’s Board of Directors announced approvals of loans worth up to EUR 2.4 bn for the benefit of small and medium sized businesses (SMEs) and mid-cap companies (up to 3000 employees). This will bring the total EIB support for European SMEs and mid-caps approved in the first four months of 2013 up to some EUR 4.2 billion. The newly approved loans are part of the increased EIB and EIF support to SMEs for the period 2013 to 2015 which is possible thanks to the EIB’s capital increase ag... Tue, 23 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/eib-reinforces-support-for-european-smes.htm http://www.eib.org/infocentre/press/news/all/eur-100-million-loan-approved-for-key-investments-in-cyprus.htm?media=rss&language=en The European Investment Bank approved today a loan of up to EUR 100 million for key investments in Cyprus. The loan will be used for investments in priority areas identified in the National Strategic Reference Framework, which include improving the competitiveness of the Cypriot economy, promoting sustainable development, and investing in skills and innovation. It will therefore contribute to the smart, sustainable and inclusive growth of the Cypriot economy in line with the Europe 2020 strat... Tue, 23 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/eur-100-million-loan-approved-for-key-investments-in-cyprus.htm http://www.eib.org/infocentre/press/news/all/we-are-supporting-research-and-development-into-innovative-drug-treatments-in-hungary.htm?media=rss&language=en For well over 100 years, Hungarian pharmaceutical company Gedeon Richter has been working to improve their clients’ health and quality of life. It has stepped up its research and development work in recent years and the EIB is helping because promoting innovation is one of our core aims. We have injected EUR 150m into one of the biggest research projects in central Europe. Gedeon Richter operates the largest industrial R&D operation in Hungary, with an annual budget in excess of EUR 100m.... Tue, 23 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/we-are-supporting-research-and-development-into-innovative-drug-treatments-in-hungary.htm http://www.eib.org/infocentre/press/news/all/president-hoyer-at-the-brookings-institution.htm?media=rss&language=en The President of the European Investment Bank, Werner Hoyer, participated at the margin of the IMF / World Bank spring meetings at a panel discussion “The Way Forward for the Eurozone and Europe: A Conversation with European Policymakers”. The discussion was organised by the Brookings Institution, a highly renowned think tank in Washington. It was the first time that the five European institutions – the European Central Bank, the European Stability Mechanism, the European Commission, the Pres... Mon, 22 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/president-hoyer-at-the-brookings-institution.htm http://www.eib.org/infocentre/press/news/all/karin-rysavy-alternate-member-of-the-board-of-directors.htm?media=rss&language=en By letter received by EIB on 11 March 2013, the Republic of Austria nominated, by common accord with the Republic of Estonia, the Republic of Latvia, the Republic of Lithuania, the Republic of Finland and the Kingdom of Sweden, Ms Karin Rysavy (Coordination of European Affairs, Ministry of Finance, Austria) for appointment as an Alternate Member of the Board of Directors of the European Investment Bank to succeed Mr Lars Östling, who had tendered his resignation. By letter dated 26 March 2013... Fri, 19 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/karin-rysavy-alternate-member-of-the-board-of-directors.htm http://www.eib.org/infocentre/press/news/all/support-for-aerospace-innovation.htm?media=rss&language=en We are helping European aeronautics leader EADS with its research and development programme. They are improving aircraft aerodynamics and flight control systems, with benefits for lower pollution and increased safety. A new EUR 300m EIB loan will support this innovative work, bringing to EUR 800m our total backing for R&D by the group. “Innovation and research are at the heart of EADS’ mission and are essential to guarantee the long-term success of the group,” said Harald Wilhelm, Chief F... Fri, 19 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/support-for-aerospace-innovation.htm http://www.eib.org/infocentre/press/news/all/europe-is-responding.htm?media=rss&language=en The EIB is one of “five major building blocks” for economic recovery and sustainability according to an editorial article published today in the International Herald Tribune and co-signed by Olli Rehn, European Commissioner for economic and monetary affairs; Jeroen Dijsselbloem, Dutch Finance Minister and Eurogroup President; Klaus Regling, CEO of the European Stability Mechanism (ESM), Jorg Asmussen, European Central Bank (ECB) executive board member and EIB President Werner Hoyer. They said... Thu, 18 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/europe-is-responding.htm http://www.eib.org/infocentre/press/news/all/harris-georgiades-new-governor-for-cyprus.htm?media=rss&language=en Following the resignation of Mr Michalis Sarris, Mr Harris Georgiades was sworn in as Minister of Finance on 3 April 2013. Mr Georgiades also becomes EIB Governor for the Republic of Cyprus. Before his appointment as Minister of Finance, Mr Georgiades served as Minister of Labour and Social Insurance as from 1 March 2013. During the period 2009-2013, he was Press Spokesman of the Democratic Rally and also Deputy Head of the Economic Policy of this party. In May 2011, he was elected as a Membe... Fri, 5 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/harris-georgiades-new-governor-for-cyprus.htm http://www.eib.org/infocentre/press/news/all/appointment-of-an-alternate-member-of-the-eibs-board-of-directors-mr-achilleas-tzimas.htm?media=rss&language=en By letter dated 28 February 2013, the Hellenic Republic nominated, by common accord with the Kingdom of Denmark, Ireland and Romania, Mr Achilleas Tzimas (Economist – Financial Expert, Directorate General for Economic Policy, Ministry of Finance) for appointment as an Alternate Member of the Board of Directors of the European Investment Bank to succeed Ms Angela Carabas, who had tendered her resignation. By letter dated 11 March 2013, the Board of Governors was invited to vote on the proposed... Thu, 4 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/appointment-of-an-alternate-member-of-the-eibs-board-of-directors-mr-achilleas-tzimas.htm http://www.eib.org/infocentre/press/news/all/mihaly-varga-new-governor-for-hungary.htm?media=rss&language=en Mr Mihály Varga took office as Minister for National Economy of Hungary on 8 March 2013, succeeding Mr György Matolcsy. Mr Varga also becomes EIB Governor for Hungary. From 2010 to 2012, Mr Varga held the position of Minister of State for the Prime Minister’s Office. He had served as Minister of Finance from 2001 to 2002 and from 1998 to 2000 he was Minister of State in the Ministry of Finance. Mr Varga has also served as a member of the Parliament’s Budget, Fiscal and Finance Committee and b... Thu, 4 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/mihaly-varga-new-governor-for-hungary.htm http://www.eib.org/infocentre/press/news/all/mihaly-varga-new-governor-of-the-bank-for-hungary.htm?media=rss&language=en Mr Mihály Varga took office as Minister for National Economy of Hungary on 8 March 2013, succeeding Mr György Matolcsy. Mr Varga also becomes EIB Governor for Hungary. From 2010 to 2012, Mr Varga held the position of Minister of State for the Prime Minister’s Office. He had served as Minister of Finance from 2001 to 2002 and from 1998 to 2000 he was Minister of State in the Ministry of Finance. Mr Varga has also served as a member of the Parliament’s Budget, Fiscal and Finance Committee and b... Thu, 4 Apr 2013 00:00:00 +0200 http://www.eib.org/infocentre/press/news/all/mihaly-varga-new-governor-of-the-bank-for-hungary.htm http://www.eib.org/about/procurement/calls/hl-1103.htm?media=rss&language=en Wed, 27 Mar 2013 00:00:00 +0100 http://www.eib.org/about/procurement/calls/hl-1103.htm http://www.eib.org/about/procurement/calls/hl-1104.htm?media=rss&language=en Wed, 27 Mar 2013 00:00:00 +0100 http://www.eib.org/about/procurement/calls/hl-1104.htm http://www.eib.org/infocentre/press/news/all/backing-higher-education-across-europe.htm?media=rss&language=en Investment in higher education and research is a key ingredient for growth in Europe’s knowledge economy. We are working across Europe to help maintain investment in skills. For example, EIB loans are supporting the Hungarian student loan scheme, helping to upgrade research facilities in Irish universities and backing the establishment of research centres in Spain. Recently, we agreed to lend EUR 100m to the Student Loan Centre in Hungary to fund undergraduate and post-graduate studies. In th... Wed, 27 Mar 2013 00:00:00 +0100 http://www.eib.org/infocentre/press/news/all/backing-higher-education-across-europe.htm