Supporting the effort to strengthen the economic developments and better diversify the economies of the Eastern Partnership countries that have decided to deepen their association and integration with the European Union, the European Investment Bank and the European Commission signed on 19 December 2016 the Delegation Agreement for the DCFTA (Deep and Comprehensive Free Trade Area between the EU and Ukraine, Georgia and Moldova). The Delegation Agreement foresees the provision of EUR 2.8 million for risk capital operations, EUR 7.8 million for technical assistance and EUR 49.7 million for guarantees through the EIB and the European Investment Fund. The implementation of the agreement will start immediately and run until December 2021.
New report on mobilization of private finance by Multilateral Development Banks and Development Finance Institutions
27 Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs), including the European Investment Bank, published their latest report on their collective mobilization of private finance, which increased globally by 12% from the previous year to $71.1 billion in 2022.