EIB official visit to Finland to discuss Investment Plan for Europe
3 December 2014
EIB President Werner Hoyer and EIB Vice-President Jonathan Taylor met on 2 December in Helsinki the President of Finland Sauli Niinistö, Prime Minister Alexander Stubb and Minister of Finance Antti Rinne. The visit focused on the Investment Plan for Europe, announced by the European Commission and the EIB last week in the European Parliament, and the projects Finland seeks to promote through the Investment Plan (see Finnish government press release).
President Hoyer said after the meeting with Finance Minister Rinne: “The objective of the Investment Plan is to unlock EUR 315bn of investment to foster growth and competitiveness in Finland and in the whole European Union. Given the structure of the Finnish economy, and given the need to boost private sector productivity, the Finnish government is rightly focussing its attention to additional investment that supports innovation and productivity directly and indirectly - through supporting infrastructure in the ICT, transport and energy sectors that strengthens connections inside Finland but also between Finland and the rest of the EU.”
The EIB delegation met also the representatives of Finnish financial institutions to discuss future cooperation with the EIB Group.
The EIB Group has stepped up its level of precaution at its headquarters in Luxembourg and in its external offices. All staff will telework as of 16 March. A small number of staff whose physical presence on EIB premises is indispensable will continue to be present on the EIB campus. The decision aims to protect the health of employees and ensure the continuity of the EIB Group’s activity.
On Wednesday the EIB identified its first case of one staff member who tested positive for corona virus.
As a precautionary measure, the EIB decided not to hold the meeting of its Board of Directors planned for Thursday 12 March in person. Decisions on the Board’s agenda will be taken by written procedure. The Bank has put in place measures to prevent disruption to its governance or operation approval schedule.
On Monday 2 March, the former President of the European Council, Donald Tusk, visited the EIB in Luxembourg on a joint invitation from the Bank, the European Stability Mechanism (ESM) and the Court of Auditors.