The EIB is aware that a fake press release on its energy policy has been issued today by a so-called Philippe Wallace who is neither an employee of the EIB nor is he working under the authority of the EIB. The content of the release is incorrect and unauthorised and the Bank will consider legal action against this misuse of the Bank’s identity.
Morocco: EIB mobilises second tranche of €500 million for post-earthquake reconstruction with EU support
The European Investment Bank (EIB), the European Union's (EU) bank, is mobilising a second tranche of €500 million (approximately 5.4 billion dirhams) as part of its €1 billion commitment to the reconstruction of the High Atlas regions affected by the earthquake of 8 September 2023. Gathered on Friday, 5 June 2026 at the Moroccan Ministry of Economy and Finance in Rabat, the Kingdom of Morocco, the EIB and the European Union marked the programme’s transition into its large-scale deployment phase. Guaranteed by the EU, this financing supports the reconstruction programme led by the Moroccan authorities.