Nikos Chrysoloras
- European Investment Bank
- Communication Department
- Rue de la Loi 227 / Wetstraat 227
- B-1040 Bruxelles / Brussel
- Belgium
The European Investment Bank Group (EIB Group) will update its policies and framework for lending to the security and defence industry. This includes an update of the definition of dual-use goods and infrastructure, as well as support to small and medium-sized enterprises (SMEs) and startups, and a commitment to accelerate the deployment of funds to strengthen Europe’s security and defence capabilities.
European Investment Bank President Nadia Calviño today shared with EU finance ministers an ambitious strategy to build on the strengths of the EIB Group, focus on eight core policy priorities and deploy the full potential of the institution to boost growth and social and territorial cohesion, and support Europe’s leadership in the twin green and digital transitions, as well as increasing Europe´s competitiveness, open strategic autonomy and economic security.
The European Investment Bank (EIB) and the Council of Europe Development Bank (CEB) have each committed €80 million to support a significant new investment in Crete, which will shield vital agricultural lands in the Platys region from droughts by upgrading the water irrigation network in the area, while at the same time also protecting it against potential flooding.