Tag Archives: Werner Hoyer

Nicola Beer Appointed as First Female German Vice-President on EIB Management Committee

(IN BRIEF) Nicola Beer has been appointed as the first female Vice-President on the European Investment Bank’s (EIB) Management Committee, representing Germany. With a background in law and politics, Beer brings extensive experience from her roles as a member of … Read the full press release

European Investment Bank Welcomes EU Accession Negotiations with Ukraine, Moldova, and Candidate Status for Georgia

(IN BRIEF) The European Investment Bank (EIB) applauds the European Council’s decision to initiate EU accession negotiations with Ukraine and Moldova, while also granting candidate country status to Georgia. EIB President Werner Hoyer emphasizes the positive impact of enlargement on … Read the full press release

EIB Approves €5 Billion Initiative to Support Wind Energy Manufacturing and €20.4 Billion for Diverse Investments Across Europe

(IN BRIEF) The European Investment Bank (EIB) Board of Directors has endorsed a €5 billion initiative aimed at bolstering wind energy equipment manufacturing companies as part of the European Wind Power Package. This strategic investment supports the transition to net … Read the full press release

EU Finance Ministers Back Nadia Calviño as New President of European Investment Bank

(IN BRIEF) European Union finance ministers have given their unanimous support to Nadia Calviño’s candidacy for the presidency of the European Investment Bank (EIB) during discussions held at the EU Economic and Financial Affairs Council meeting in Brussels. Calviño, currently … Read the full press release

EU-Catalyst Partnership Announces €240 Million Investment in Groundbreaking Green Tech Projects

(IN BRIEF) At COP28 in Dubai, Commission President Ursula von der Leyen, Bill Gates, Founder of Breakthrough Energy, and European Investment Bank President Werner Hoyer revealed the first two European projects selected for support through the EU-Catalyst partnership: Ørsted’s FlagshipONE … Read the full press release

FlagshipONE: Ørsted’s Carbon-Neutral Shipping Initiative Secures EU-Catalyst Partnership Support at COP28

(IN BRIEF) At COP28, Ørsted announced that its FlagshipONE project, Europe’s largest e-methanol plant, has received support from the EU-Catalyst Partnership, including the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank. This partnership will aid in advancing carbon-neutral … Read the full press release

EIB Global Unveils Pioneering Climate Initiatives at COP28 in Dubai

(IN BRIEF) In a significant announcement at the United Nations Climate Change Conference (COP28) in Dubai, the European Investment Bank (EIB) revealed its pioneering approach to a just transition and just resilience on a global scale. The EIB Group introduced … Read the full press release

EIB Launches Regional Hub in Kyiv and Commits €450 Million to Support Ukraine’s Recovery and Resilience Initiatives

(IN BRIEF) The European Investment Bank (EIB) President Werner Hoyer and Vice-President Teresa Czerwińska visited Kyiv to reaffirm the EIB’s commitment to Ukraine. During the visit, they inaugurated the EIB Regional Hub for Eastern Europe in Kyiv, strengthening support for … Read the full press release

Yikri Wins European Microfinance Award 2023 for Innovative Poverty Alleviation in Burkina Faso

(IN BRIEF) Yikri, supported by Entrepreneurs du Monde, has been awarded the prestigious €100,000 European Microfinance Award 2023 by the Directorate for Development Cooperation and Humanitarian Affairs of Luxembourg. Yikri focuses on social microfinance as a means of poverty alleviation, … Read the full press release

EIB Commits €150 Million Loan to Deploy Smart Meters for Greece’s Energy Modernization

(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million 15-year loan agreement with the Hellenic Electricity Distribution Network Operator (HEDNO) to support the deployment of electricity smart meters across Greece. This initiative aims to enhance the efficiency … Read the full press release

EIB’s Continued Support: Veridos Matsoukis to Strengthen Greek Identity Document Manufacturing

(IN BRIEF) The European Investment Bank (EIB) and Veridos Matsoukis, a secure identity document printer, have agreed on a €10.5 million 10-year loan to expand Greece’s capacity to produce secure passports, identity cards, and official documents. This investment project, totaling … Read the full press release

EU Commits €16 Million to Enhance Road Safety Along Georgia’s East-West Highway

(IN BRIEF) The EU, represented by Commissioner Olivér Várhelyi and EIB President Werner Hoyer, has announced a €16 million grant through EIB Global to enhance road safety in Georgia along the East-West highway. The project aims to improve physical safety … Read the full press release

Multilateral Development Banks Collaborate to Simplify Procurement for Ukraine’s Reconstruction

(IN BRIEF) Four multilateral development banks, including the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank, have agreed to harmonize their procurement practices for public … Read the full press release

EIB, European Commission, and Bill & Melinda Gates Foundation Commit €1.1 Billion to Eradicate Polio and Advance Global Health Innovation

(IN BRIEF) The European Commission, the European Investment Bank (EIB), and the Bill & Melinda Gates Foundation have unveiled a groundbreaking financing partnership aimed at addressing global health challenges. The partnership, with support from the World Health Organization (WHO) and … Read the full press release

European Leaders Call for Accelerated Clean Energy Transition at High-Level Conference

(IN BRIEF) The heads of the European Investment Bank (EIB), the European Central Bank (ECB), and the International Energy Agency (IEA) have convened in Paris to urge European government leaders, financial institutions, and industries to commit to a swift, equitable, … Read the full press release

The European Investment Bank (EIB) Engages in 2023 Finance in Common Summit: Highlights of Participation

(IN BRIEF) The European Investment Bank (EIB) is set to join the 2023 Finance in Common Summit in Cartagena, Colombia, from September 4th to 6th. Key highlights include President Werner Hoyer’s address on Sustainable Development Goals, unveiling the EIB Climate … Read the full press release

Luxembourg Increases Pledge to Financial Inclusion Fund, Expanding Support for Vulnerable Groups

(IN BRIEF) Luxembourg has pledged an additional €4.8 million to the EIB Global’s Financial Inclusion Fund, bringing the fund’s total size to €11.5 million. The fund supports financial service providers that focus on vulnerable groups in African, Caribbean, and Pacific … Read the full press release

European Investment Bank Boosts Energy Efficiency and Renewable Hydrogen Initiatives in Chile

(IN BRIEF) The European Investment Bank (EIB) has taken significant steps to promote sustainable development in Chile during the EU-CELAC Summit of Heads of State and Government. The EIB announced its first-ever residential mortgage-based loan outside the EU, providing €200 … Read the full press release

European Investment Bank approves €6.6bn for sustainable transport, clean energy, corporate innovation and education

(IN BRIEF) The European Investment Bank (EIB) has approved €6.6 billion of new financing to support sustainable transport, clean energy, corporate innovation, and education investment worldwide. The EIB Board of Directors also adopted a mid-term review of the EIB’s Energy … Read the full press release

Civil society groups and EIB leadership discuss high-impact investments for sustainable development goals

(IN BRIEF) The European Investment Bank held a meeting at its headquarters in Luxembourg with representatives of civil society groups to discuss how the bank can respond better to global challenges including climate change, environmental degradation, poverty, and conflicts. The … Read the full press release

European Investment Bank and Commission aim to bridge global climate finance gap with €18bn financing for partner countries

(IN BRIEF) The European Commission and the European Investment Bank have jointly announced an investment of €18 billion under the Global Gateway initiative, Europe’s investment strategy for partner countries. This investment will focus on the priority areas of Global Gateway, … Read the full press release

Die EIB startet die „EU for Ukraine Initiative“ zur Unterstützung der Wiederaufbau- und Wiederaufbaubemühungen

(IN KÜRZE) Die Europäische Investitionsbank (EIB) hat die „Initiative EU für die Ukraine“ ins Leben gerufen, um die Wiederaufbau- und Wiederaufbaubemühungen in der Ukraine nach der massiven russischen Invasion im Jahr 2022 zu unterstützen. Die Initiative umfasst die Einrichtung eines … Read the full press release

EIB launches “EU for Ukraine Initiative” to support reconstruction and recovery efforts

(IN BRIEF) The European Investment Bank (EIB) has launched the “EU for Ukraine Initiative” to support reconstruction and recovery efforts in Ukraine, following the full-scale Russian invasion in 2022. The initiative includes the establishment of a Trust Fund to enable … Read the full press release

The Grand Duchy of Luxembourg to sponsor a training programme of the European Investment Bank (EIB) with EUR 1.3 million

(PRESS RELEASE) LUXEMBOURG, 13-Dec-2022 — /EuropaWire/ — The European Investment Bank (EIB), the lending arm of the European Union, has announced it will receive financial support from the The Grand Duchy of Luxembourg in the amount of EUR 1.3 million … Read the full press release

Le Grand-Duché de Luxembourg parraine un programme de formation de la Banque européenne d’investissement (BEI) avec 1,3 million d’EUR

(COMMUNIQUÉ DE PRESSE) LUXEMBOURG, 13-Dec-2022 — /EuropaWire/ — La Banque européenne d’investissement (BEI), le bras prêteur de l’Union européenne, a annoncé qu’il recevrait un soutien financier du Grand-Duché de Luxembourg d’un montant de 1,3 million d’euros pour son programme de … Read the full press release

High-level conference on ‘Investment, Technological Transformation and Skills’, Luxembourg, 28 – 29 November 2018

Interview and briefing opportunities with EIB Vice-President Andrew McDowell, EIB Director of Economics Debora Revoltella,  Director of the Center on Global Economic Governance at Columbia University Professor Jan Svejnar. KIRCHBERG, Luxembourg, 28-Nov-2018 — /EuropaWire/ — On 28 and 29 November, the … Read the full press release

EIB celebrated the 10th anniversary of the world’s first “Climate Awareness Bond” at the Luxembourg Stock Exchange

LUXEMBOURG 10-Jul-2017 — /EuropaWire/ — The European Investment Bank (EIB), the world’s largest multilateral public bank and largest issuer of green bonds, today (05/07/2017) celebrated the 10th anniversary of the world’s first “Climate Awareness Bond” at the Luxembourg Stock Exchange, … Read the full press release

Vienna Initiative to Promote Investment Diversification in CESEE through New Working Group

LONDON, 07-Mar-2017 — /EuropaWire/ — The Vienna Initiative has agreed to establish a Working Group on Capital Markets Union. This follows the European Union’s push to strengthen Capital Markets which will have a major impact on financing of investment and sustaining growth … Read the full press release

Professor Nicholas Bloom from Stanford University and Professor John Van Reenen from the London School of Economics and Political Science awarded the EIB Prize for excellence in economic research

EIB President Hoyer: EU must tackle the gap in competitiveness – Investment in innovation is key BERLIN, 26-9-2014 — /EuropaWire/ — Two internationally renowned European scholars in the field of managerial and technological innovation were awarded the EIB Prize for … Read the full press release

The European Investment Bank lends €235M to PKP Polskie Linie Kolejowe S.A. to upgrade the Warsaw – Radom electrified railway line

20-9-2013 — /EuropaWire/ — The European Investment Bank (EIB) is lending EUR 235 million to PKP Polskie Linie Kolejowe S.A. (PLK) for the upgrading of 92.5 km of an existing electrified railway line from Warsaw to Radom. This is a continuation of the EIB’s … Read the full press release

EIB to provide €500M for the Castor underground gas storage project in Spain as the first successful use of project bond credit enhancement

01-8-2013 — /EuropaWire/ — The first transaction under the Project Bond Credit Enhancement initiative has successfully taken place. Investment in the Castor underground gas storage project, that will provide storage for 30% of Spain’s daily gas consumption, was supported by the … Read the full press release

EIB president Werner Hoyer stresses importance of rapid decision on external lending mandate

11-7-2013 — /europawire.eu/ — The President of the European Investment Bank (EIB), Werner Hoyer, attended a hearing by the European Parliament´s Development Committee on Monday 8 July, to discuss the activities of the EIB in developing countries. During the meeting he … Read the full press release

EIB opens EUR 500M trade finance to foreign trade oriented SMEs in Greece

Athens / Luxembourg, 12-6-2013 — /europawire.eu/ — The European Investment Bank (EIB) provides up to EUR 500 million for trade finance to support foreign trade oriented small and medium sized companies (SMEs) in Greece. The EIB, as a long-term lender, has adapted to … Read the full press release

EIB provides additional EUR 200M to the Turkish State Railways for the Istanbul-Ankara High Speed Rail Line

Ankara / Luxembourg, 10-6-2013 — /europawire.eu/ — The European Investment Bank is providing EUR 200 million to the Turkish State Railways, as a further contribution to upgrading the country’s main transport corridor between Ankara and Istanbul. This additional funding brings total EIB … Read the full press release

EIB signs EUR 50M loan agreement with Lithuanian Railways

Vilnius, 4-6-2013 — /europawire.eu/ —  The President of the European Investment Bank (EIB), Werner Hoyer, has signed a EUR 50 million loan agreement with Lithuanian Railways today for the acquisition of modern rolling stock. After the support for the upgrading of … Read the full press release

European Investment Bank to provide EUR 100m for key investments in Cyprus

Nicosia, 31-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) is to provide EUR 100 million for key investments in Cyprus. The loan will be used to part-finance investments totalling EUR 1 177 million in areas identified under the National Strategic Reference Framework … Read the full press release

The Long-Term Investors Club is looking at investment opportunities in Africa

“The time has come to start complementing “development finance” by “investment finance” , says EIB President Werner Hoyer 24-5-2013 — /europawire.eu/ — The Long-Term Investors Club organized its 5th international conference in Rabat on May 24, 2013 on the theme of … Read the full press release

European Investment Bank & Cassa Depositi e Prestiti to provide €600 million loan for Emilia-Romagna earthquake recovery

Rome, 22-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP) signed in Rome today a €600 million loan for rebuilding industrial infrastructure in areas hit by the earthquake in Emilia-Romagna one year ago. The EIB was … Read the full press release

EIB to lend EUR 15 billion to SMEs during 2013 to 2015 in order to support growth and jobs in Europe

EIB attaches high importance to small and medium-sized enterprises 16-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) attaches the highest importance to supporting small and medium-sized enterprises in order to promote growth and jobs in Europe. The President of the … Read the full press release

The EIB Group to increase its support to SMEs for the period 2013 to 2015 thanks to the EIB’s capital increase agreed in 2012

13-5-2013 — /europawire.eu/ — It is vital that small and medium-sized businesses are able to invest, even during a downturn. The EIB Group (EIB and EIF) is increasing its support to SMEs for the period 2013 to 2015 thanks to … Read the full press release