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COVID-19: EIB Group’s answer to the pandemic

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The EIB Group, composed of the European Investment Bank (EIB) and the European Investment Fund (EIF), is set to play a key role in the fight against the economic consequences of the COVID-19 pandemic.

Following a recommendation by the Eurogroup on 9 April, the Board of Directors of the EIB backed the creation of a €25 billion Pan-European guarantee fund in response to COVID-19. The fund will enable the EIB Group to scale up its support for European companies up to an additional €200 billion – with a focus on SMEs.

The Pan-European Guarantee Fund in response to COVID-19 will be implemented by the EIB and the EIF, the Group’s subsidiary specialised in funding small and medium-sized enterprises. It will serve as a protective shield for European firms facing liquidity shortages.

 

More information on EIB’s and EIF’s response

 

 

EIB EIB: response to COVID-19 pandemic  
EIFEIF and COVID-19 – focus on SMEs  

 

 
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