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EU reinforces support for Vietnam’s Just Energy Transition with €430 million package
Commissioner Síkela met with the deputy Prime Minister of Vietnam, Bùi Thanh Sơn during the Global Gateway Forum. In the margins of the meeting, the European Commission and other Team Europe actors announced a comprehensive €430 million package to advance the Bac Ai Pumped Hydro Storage Project, a flagship investment under Vietnam’s Just Energy Transition Partnership (JETP).
Europol and EIB Group to deepen cooperation through SIENA network
The European Investment Bank today announced it will deepen its cooperation with Europol by joining the organisation’s Secure Information Exchange Network Application (SIENA for short). The platform is Europol’s flagship platform for the secure and swift exchange of sensitive and restricted information among EU law enforcement authorities, European agencies and bodies like Eurojust, Frontex and OLAF, as well as other cooperating states outside the EU. By joining SIENA, the EIB underlines its commitment to fighting fraud and makes sure it can rapidly exchange with the relevant authorities in a secure way.
Italy: EIB and Banca di Asti: €100 million to support small and medium agribusinesses
The EIB and Banca di Asti today signed a new €100 million agreement to support small and medium agribusinesses in Italy. The agreement was signed at the 11th Annual Conference on Financial Instruments of the European Agricultural Fund for Rural Development (EAFRD) hosted in Milan by the European Commission together with the EIB Advisory team. The event, which brought together more than 150 experts, focused on examining the simplification measures introduced by the new Common Agricultural Policy (CAP) and the role of European financial instruments in supporting the sustainable digital transition of the agricultural sector.