The impact of COVID-19 and the adequacy of the EU’s response to counter its economic impact were the key questions put to President Hoyer this week by Bloomberg TV presenters Vonnie Quinn and Guy Johnson. During the 10-minute live interview on Bloomberg Markets, President Hoyer set out the EIB Group’s own contribution to the EU effort via the new European Guarantee Fund. He underlined the importance of European solidarity in the face of the crisis, warning that its absence could erode citizens’ trust in the European project altogether.
EIB Group opens country office in Belgium to support strategic investments in Belgian economy
The European Investment Bank (EIB) Group has opened a country office in Belgium, dedicated to sustaining strategic financing and sustainable growth in the country as a boost to the potential of the vibrant, dynamic and highly innovative Belgian business environment. The new office will be hosted in the Group’s Permanent EU Representation in Brussels and led by Torsten Brand, a dual Belgian-German national who has worked at the EIB for the past decade. The step by the Luxembourg-based EIB Group, which also includes the European Investment Fund (EIF), underscores its commitment to supporting the Belgian economy and deepening engagement with local businesses and the public sector.