Robert Schuman - statesman, lawyer, French foreign minister and prime minister - is one of the founding fathers of European unity.
Solidarity in times of crisis is what defines today’s European Union. As we celebrate the 70th anniversary of Schuman’s declaration and the birth of the European Union, the EIB, along with the other European institutions, are ready to work together and embrace tomorrow’s challenges and opportunities.
Europe will not be made all at once, or according to a single plan. It will be built through concrete achievements which first create a de facto solidarity.
The Foundation of the European Union
With Jean Monnet, Schuman drew up a plan that proposed joint control of coal and steel production. The Schuman Plan was published on 9 May 1950, a date symbolically marking the birth of the European Union. The idea was that if no single country had full control over these resources, nobody would be able to wage war.
Thus, Europe began as a peace initiative. Belgium, France, Italy, Luxembourg, the Netherlands and West Germany signed the agreement for the European Coal and Steel Community in Paris in April 1951. Schuman's vision has since proven true: Europe is experiencing its longest period of peace.
Was the idea to support citizens from several countries, to give them hope, health and happiness through work, economic growth and increased cooperation, a compromise or a necessity born out of a devastated continent? It was likely more than this. Europeans had to look forward, together, in solidarity.
Founded in 1958 by the Treaty of Rome, which also established the European Economic Community, the history of the EIB is linked with that of the European project itself. The Bank was first located in Brussels, then moved its headquarters to Luxembourg in 1968.
As well as financing projects of common interest, the Bank's initial objectives included the mobilisation of capital to promote the cohesion of Europe and modernise the economy. More than 60 years later, these goals remain at the heart of the EIB's projects.
In honour of the 70th anniversary of Schuman's declaration, the European Parliament has organised an exhibition celebrating the birth of Europe. Due to the COVID-19 crisis, the Parliament’s exhibition is being held virtually until further notice. Discover the exhibition panels.
In the autumn, in collaboration with the European Parliament, a new exhibition featuring Schuman’s Declaration and other historical documents will be displayed on the EIB’s premises.
The EIB and Europe Day
70 years later, the EIB is an institution that helps citizens tackle the challenges of today
The European Investment Bank is participating in the Climate Adaptation Summit (CAS) 2021. This year’s summit, hosted by the Netherlands, will convene global leaders and local stakeholders. During the two-day summit, a comprehensive Adaptation Action Agenda will be launched, setting out clear commitments to deliver concrete new endeavours and partnerships to make our world more resilient to the effects of climate change.
The Eesti Pank and the European Investment Bank are hosting the webinar ‘Investment and Investment Finance in Estonia.’
The webinar will focus on investment needs and priorities for Estoniain times of COVID-19, digitalisation and climate change. It brings together a group of economists, policymakers, as well as representatives from financial institutions and the business community.
After the opening remarks, the results of the EIB Investment survey for Estonia will be presented, followed by a presentation on the results of the Eesti Pank study on investment by firms. A high level panel will follow, focusing on investment dynamics and investment gaps in Estonia.