A fund created by the European Investment Bank (EIB) and Allianz Global Investors (AllianzGI) to spur climate financing in emerging markets grew to €450 million with a final contribution from the German government. The closing size of the Emerging Markets Climate Action Fund (EMCAF) results from a €20 million top-up from Germany’s Kreditanstalt für Wiederaufbau.
Less US involvement in European security means the EU and its Member States must ramp up armaments production while simultaneously advancing the innovation, research and development of future weapon systems. This will require industries to retool their business models and Member States to reform their defence procurement and acquisition processes. The EU can play a decisive role in this endeavour.
The European Investment Bank (EIB) is lending the National Bank of Greece (NBG) €250 million to increase support for green investments made by Greek small and medium-sized enterprises (SMEs) and Mid-Caps. The agreement raises the total intermediated lending made available through this EIB facility to back decarbonization investment by smaller Greek companies to €1 billion.
Tomorrow, Ekaterina Zaharieva, European Commissioner for Startups, Research, and Innovation will visit Sofia for high-level meetings with Bulgarian leaders.
The European Investment Bank (EIB) lends SEK 2.6 billion (around €225 million) to the Swedish city of Malmö to build energy-efficient homes. The project will add more than 1,500 apartments in the city while advancing European Union climate goals and helping Sweden achieve its own energy-efficiency targets.
On Thursday and Friday 23 and 24 January, European Commission Executive Vice-President Raffaele Fitto will visit Finland to discuss the EU’s future Cohesion Policy and the Recovery and Resilience Facility (RRF) in vulnerable regions.
The European Commission yesterday received France’s fourth payment request under the Recovery and Resilience Facility, amounting to €3.26 billion in grants, net of pre-financing.
The EU Council today approved the Commission’s positive assessment of the amended recovery and resilience (RRF) plans submitted by Greece, Cyprus, and Spain.
The EU Council today adopted a third assistance measure under the European Peace Facility (EPF) worth €60 million to the benefit of the Lebanese Armed Forces (LAF).
“The outermost regions have a strategic importance for the Union. In the Atlantic. In the Caribbean Sea. In South America. And in the Indian Ocean. The outermost regions extend the European Union around the world, to many places beyond the European continent. And we have a responsibility to support their development” – European Council President António Costa.
In Poland, Executive Vice-President for Social Rights and Skills, Quality Jobs and Preparedness, Roxanna Mînzatu, unveiled today a package to aid the integration of 30,000 Ukrainian pupils into Polish schools, together with the Polish Minister for Funds and Regional Policy, Katarzyna Pełczyńska-Nałęcz.
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