IMPACT ACROSS THE WORLD NEWS FROM THE EIB GROUP
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THE EU BANK AT A GLANCE |
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Building opportunities in Europe’s neighbourhood and beyond The Economic Resilience Initiative will create jobs and improve services for energy, transport, water, sanitation and education by stimulating investment in the private sector and vital infrastructure. Such investments create hope and opportunities for refugees, migrants and local populations.
How Paris is making it easier to get around Paris is pouring billions of euros into trains, trams and buses to mold a transport network of the future. The EU bank has helped France invest in transport for decades. One of the big recent deals is an ambitious project known as the Grand Paris Express, a Métro expansion that is one of the biggest in the world.
Podcast: A Dictionary of Finance If you’re a student or a business owner or someone who wants to understand what politicians are talking about when they discuss the economy, listen to A Dictionary of Finance.
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INVESTMENT PLAN FOR EUROPE AT A GLANCE |
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An investment pipeline to fix Italy’s pipes Italian water networks need an urgent upgrade, but small water companies struggle to get financing. Thanks to the backing of the Investment Plan for Europe, the EIB is able to help Italian water operators fix leaky reservoirs and fix old pipes.
Investment Plan for Europe: clean energy for Lithuanians Antanas Guoga, a member of the European Parliament for Lithuania, explains how a EUR 190 million investment in a clean energy project helps Lithuania reduce dependencies on a sole supplier and transition to clean electricity and heat.
Find out more about the latest results The Investment Plan for Europe is delivering concrete results, encouraging a sustainable increase in investment, which has been low across Europe since the financial crisis.
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European Investment Fund at a glance |
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European Investment Fund invests EUR 20 million in Irish SMEs High potential early stage and expansion stage Irish companies in the information and communications technology sector will benefit from an agreement between EIF and ACT Venture Capital’s latest fund, ACT V. This equity investment should lead to investments of more than EUR 90 million.
Promoting business innovation in Réunion The EIF and the Réunion Region are partnering to offer loans and guarantees for around 1 000 micro, small and medium-sized enterprises in growth sectors like sustainable development, renewable energy, agrifood and digital technology.
A Bulgarian student studying nuclear energy in Catalonia Growing up in Kozloduy in northern Bulgaria, Boris Kuzmanov developed an interest in nuclear energy from a young age. Boris was now able to secure a loan backed by EIF under the EU’s Erasmus+ programme, that allowed him to cover his expenses and pursue his studies in nuclear energy.
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HIGHLIGHTS FROM THE EIB SEPTEMBER BOARD |
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