This week was marked by important meetings where the EU finance and economy ministers, who are also the Governors of the European Investment Bank, expressed strong support and endorsed our strategy to use the full power of the Group, as Europe’s investment engine, to mobilize investments in key areas for economic security - energy autonomy, technological leadership and security and defence – and also build strong partnerships in Europe and around the world.
Building on its very strong capital and financial position, the European Investment Bank Group plays a key role in mobilizing investments for competitiveness and security, improving the lives of citizens and the performance of businesses, such as those also approved this week by the Boards of the Bank and the Fund, with nearly 8 billion euros in new financing for innovation, water, clean energy and transport.
A new agreement with the European Commission to maximize the impact of the very successful InvestEU programme will enable the Group mobilise an extra 70 billion euros in our shared priorities.
Finally, we welcomed Dr Fatih Birol, Executive Director of the International Energy Agency, who welcomed the EIB Group’s contribution to accelerating the energy transition in full swing.
Watch President Calviño's previous One week, one minute recaps.
