This week, the Boards of the European Investment Bank and the Fund endorsed almost 18 billion euros of new financing and equity investments for semiconductors and space, energy networks, health and housing as well as flagship railway infrastructures. These projects will strengthen Europe’s technological leadership, competitiveness and security.
We also approved funding for important projects around the world, from one of the largest solar plants, to vaccine manufacturing and research facilities in Africa and Latin America.
At the European Banking Congress in Frankfurt, we discussed with our partners how to deepen cooperation between Europe's public and private financial institutions and announced new financing to boost the energy transition and lower bills in German regions.
We announced new support for artificial intelligence companies in Poland, small businesses in Belgium, student loans in Latvia, and renewable energy production in Italy as well as Iceland.
Further afield, we strengthened cooperation with Australia on critical raw materials and in Johannesburg we announced new funding to support South Africa’s clean power and transport, and we pledged more than 2 billion euros for renewable energy, cleaner, cheaper and more reliable for millions of persons across Africa.
Watch President Calviño's previous One week, one minute recaps.
