Giorgio Napolitano, President of the Italian Republic and Mr Werner Hoyer, President of the EIB
The President of the Italian Republic, Giorgio Napolitano, welcomed on June 2nd the President of the EIB, Werner Hoyer, and Vice President Dario Scannapieco. The meeting focused on the general economic situation both in Europe and in Italy, the role of the EIB in the recovery plan and the EIB lending activity in Italy. Since the beginning of 2014 the EIB has financed projects totalling some EUR 5 bn, especially concentrated on SMEs, and in projects aimed at tackling youth unemployment.
Ongoing attacks on Ukraine’s energy infrastructure continue to disrupt electricity supply across the country. During prolonged outages and freezing temperatures, heating points – known in Ukraine as “Points of Invincibility” – play a critical role, offering warm and safe spaces where people can stay during blackouts, access hot water, charge phones and receive basic support. In Kyiv, 50 heating points are being strengthened thanks to a donation from the EIB Institute, the philanthropic arm of the European Investment Bank (EIB) Group.
This signing of an ELENA agreement with the European Investment Bank (EIB) will support KARNO in scaling up the deployment of decarbonised heating and cooling solutions at the heart of the energy transition. ELENA is a grant facility for energy efficiency, financed by the European Commission’s InvestEU programme and implemented by the EIB Advisory Services.
