With reference to media reports about the recall by the EIB of loans extended to Volkswagen following the launch of investigations into Volkswagen’s possible fraudulent use of the defeat device software in diesel engines, the EIB wishes to clarify that no such decision has been taken. The EIB is reviewing the status and contractual aspects of our loans to VW. We are in contact with VW to understand as rapidly as possible whether any of the EIB loans were used in the development or deployment of illegal software in cars. Any decision about possible measures that the EIB might take will follow, and be based on, the findings of this review.
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18 February 2019
EIB publishes a summary of the European Anti-Fraud Office report into alleged misuse of EIB loan by Volkswagen AG
The EIB has today published a detailed summary of the investigation report by the European Anti-Fraud Office (OLAF) into alleged misuse of EIB loan by Volkswagen AG. This was done in accordance with the EIB Group Transparency Policy and considering the strong public interest in this highly exceptional case.
6 December 2025
Luxembourg contributes €2 million to EIB-managed FEMIP Trust Fund for projects preparation and implementation in the MENA region
Luxembourg’s Finance Minister Gilles Roth has renewed his country’s commitment to the Facility for Euro-Mediterranean Investment and Partnership Trust Fund, or FEMIP trust fund for short, by signing a €2 million contribution letter today in the country’s capital. Luxembourg’s contribution brings the size of the trust fund to €72 million and will allow deploying further technical assistance in the Middle East and North Africa (MENA Region).