IMPACT EUROPE NEWS FROM THE EIB GROUP
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THE EU BANK AT A GLANCE |
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Medical innovation: How a 2-year-old’s pain led to a big idea With one drop of blood, five minutes and the right financing, Portuguese company Biosurfit revolutionises medical diagnostics.
The EIB making a difference The EIB drives growth and employment in over 160 countries. As the world's largest multilateral lender, we are in the business of making an impact on everyday lives.
Flood protection in Madagascar In Spring 2015, a flood in Madagascar severely damaged dykes that were supposed to keep the population safe in extreme weather conditions. The European Investment Bank is helping reinforce this key infrastructure.
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Investment Plan for Europe at a glance |
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Air travel safety: literally on the radar A Danish aerospace firm takes radar technology developed to stop smugglers and uses it to make air travel safer. A future move could help a civilian airplane flying over conflict zones avoid a missile.
Creating opportunities for innovative companies Pavel Telička, Member of the European Parliament for the Czech Republic, explains why the Investment Plan for Europe is a real opportunity for companies: “It incentivises riskier and innovative investments, which commercial banks might be more reluctant to finance.”
See the latest results The Investment Plan for Europe is delivering concrete results, encouraging a sustainable increase in the low investment levels in Europe after the financial crisis.
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The European Investment Fund at A glance |
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First in Europe: EUR 150 million worth of loans for Spanish cultural and creative SMEs 1 000 smaller businesses in the cultural and creative sectors will get access to EUR 150 million worth of loans thanks to a deal between the EIF and the Compañía Española de Reafianzamiento (CERSA).
EIF and the Czech government launch early stage equity fund of funds to raise EUR 100m for SMEs Under this initiative, selected fund managers will be expected to boost the availability of financing to promising high-growth Czech ventures, combined with business mentoring and development.
New EU scheme defers education costs at the University of Luxembourg In an effort to take down the financial barriers preventing students to study abroad, the EIF and the University of Luxembourg have signed an agreement to support new incoming Master students to Luxembourg.
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Highlights from the EIB January Board |
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