Italy

The European Investment Bank (EIB) has approved financing of up to €1.4 billion for the Italian Republic for the reconstruction and safety of buildings and infrastructure located in the Campi Flegrei (Phlegraean Fields) area, which has been affected by seismic events since May 2024. The project agreement for the EIB’s full approval was signed today in Rome by Senator Nello Musumeci, Minister for Civil Protection and Maritime Policies, and EIB Vice-President Gelsomina Vigliotti. The signature of the first tranche of the financing agreement with the Ministry of Economy and Finance (MEF), which will cover the allocations planned for 2025 and 2026 and part of 2027, is expected by the end of the year.

The European Investment Bank (EIB) and ‘Commercianti Indipendenti Associati (CIA), (independent cooperative enterprises), which are members of the Conad national consortium, have signed a €40 million finance contract to decarbonise its supermarkets in central and northern Italy.

The European Investment Bank (EIB) has granted a €150 million loan to Istituto per il Credito Sportivo e Culturale (ICSC), the Italian development bank that promotes the country’s sustainable and inclusive development through financial support to the sports and cultural sectors. The agreement was signed today in Rome by EIB Director General of Operations Jean-Christophe Laloux and CEO of ICSC Antonella Baldino, in the presence of EIB Vice-President Gelsomina Vigliotti.