European Council

EUROPEAN COUNCIL NEWSROOM (7 press releases)

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EIB Funds €300 Million Satellite Program for Dual Civil and Security Use in Poland

PRESS RELEASE -- 21, May 2024

(IN BRIEF) The European Investment Bank (EIB) has pledged €300 million to support Poland’s venture into space technology with the development and launch of two Earth observation satellites. These satellites, financed through a loan to Bank Gospodarstwa Krajowego (BGK), will … Read the full press release

EIB President Calviño and Poland’s PM Tusk Announce €300 Million Satellite Programme Investment

PRESS RELEASE -- 21, May 2024

(IN BRIEF) The President of the European Investment Bank (EIB) Group, Nadia Calviño, held discussions with Poland’s political leaders to strategize future financing and announce the initiation of Poland’s first satellite program. The €300 million project, supported by the EIB, … Read the full press release

AFME Applauds European Council’s Push for New Competitiveness Deal

PRESS RELEASE -- 20, April 2024

(IN BRIEF) The Association for Financial Markets in Europe (AFME) lauds the European Council’s recent conclusions advocating for a “new European competitiveness deal,” which underscores the importance of deepening the Single Market and advancing the Capital Markets Union (CMU). AFME … Read the full press release

European Auto Industry CEOs Gather for Green Transition Talks with EU Commissioner

PRESS RELEASE -- 11, April 2024

(IN BRIEF) Thirteen CEOs from leading European vehicle manufacturers and automotive suppliers convened with EU Commissioner for Climate Action, Wopke Hoekstra, for an ‘Automotive Roundtable’ to discuss the green transition of the sector. The dialogue, following a meeting with President … Read the full press release

EBRD Hosts Western Balkans Investment Summit, Spotlighting Regional Potential

PRESS RELEASE -- 28, February 2024

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) convened the Western Balkans Investment Summit 2024 in London, welcoming the heads of government from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia. The summit aimed to showcase … Read the full press release

EIB Group Forum Highlights European Resilience and Investment Priorities

PRESS RELEASE -- 8, February 2024

(IN BRIEF) The second edition of the EIB Group Forum in Luxembourg convened senior policymakers, business leaders, academics, and civil society representatives to discuss EU policy priorities and challenges amidst global instability. EIB President Nadia Calviño emphasized the role of … Read the full press release

EU’s Defence Equity Facility to Mobilize €500 Million for Dual-Use Innovations

PRESS RELEASE -- 12, January 2024

(IN BRIEF) The European Commission and the European Investment Fund (EIF) are collaborating to launch a €175 million Defence Equity Facility, aimed at supporting innovation in the defence sector. The EIF will provide equity funding to venture capital and private … Read the full press release