(IN BRIEF) EIB Global, in collaboration with the European Commission and SES, is launching a major satellite broadband initiative aimed at transforming connectivity in Central Asia. With a combined financial package of a €34.4 million EU grant and a €25.45 … Read the full press release
Posted in Banks, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, Technology, Telecom
Tagged broadband connectivity, Central Asia, digital economy, Digital Inclusion, digital transformation, EIB Global, European Commission, Global Gateway, high-speed Internet, Jozef Sikela, Kyriacos Kakouris, Nadine Allen, O3b mPOWER, satellite technology, SES, sustainable infrastructure, Team Europe, three million people, Western Balkans
(IN BRIEF) Bulgaria-based Postbank, a subsidiary of Eurobank Group, has secured a €75 million guarantee from the European Investment Bank to facilitate up to €150 million in additional loans for mid-sized companies. This risk-sharing agreement offers preferential financing terms, such … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Bulgaria, collateral, domestic economy, EIB, EIB Group, Eurobank Group, European Investment Bank, European Investment Fund, funding accord, guarantee, Interest rates, job protection, Kyriacos Kakouris, lending, Mid-Caps, Mid-Sized Companies, partnership, Petia Dimitrova, portfolio, Postbank, preferential financing, risk-sharing, SMEs, strategic partnership, sustainable investment, working capital loans, €150 million, €75 million
(IN BRIEF) The EIB has signed a €130 million agreement with the Maltese government, marking the first tranche of a €260 million financing package aimed at co-financing key EU-backed projects. The funding will support various sectors including healthcare, digital innovation, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Malta, Management, News, Small Business, Technology
Tagged 1979, Biodiversity Protection, Clyde Caruana, Cohesion Fund, digital innovation, economic growth, economic resilience, EIB, EIB investment, EIB Vice-President, energy efficiency, environmental sustainability, EU funds, EU-backed projects, European Regional Development Fund, financing agreement, Healthcare, infrastructure, INNOVATION, Just Transition Fund, Kyriacos Kakouris, long-term growth., Malta, Ministry for Finance, partnership, SME Support, social cohesion, sustainability, sustainable economy, sustainable mobility, Valletta, wastewater management, €130 million, €260 million financing
(IN BRIEF) The European Investment Bank (EIB) has significantly increased its financing in the Czech Republic, rising to €2.47 billion in 2024. This marks a 33% growth from 2023, with key investments in infrastructure, the railway and energy sectors, and … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged affordable housing, ČEZ, Czech Railways, Czech Republic, decarbonization, economic growth, EIB, EIF, energy efficiency, energy sector, EU, European Investment Bank, financing, funding, investment, investment support, job creation, Kyriacos Kakouris, partnership, railway infrastructure, renewable energy, Rohlik, SMEs, sustainability, sustainable development, Trans-European Transport Network, Y Soft, €2.47 billion
(IN BRIEF) The EIB has extended a €42.8 million loan to Ústí nad Labem for crucial infrastructure upgrades, including energy, transport, and social services. This is part of the EU’s larger goal of promoting sustainable urban development. The loan is … Read the full press release
Posted in Banks, Business, Czech Republic, Environment, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged clean energy, Climate Action, climate-neutral economy, Czechia, EIB, EIB loan, ELENA program, ENERGY, energy efficiency, EU, EU funding, EU grants, European Commission, greenhouse gas emissions, infrastructure upgrades, Just Transition Mechanism, Kyriacos Kakouris, loan, Mayor Petr Nedvědický, mobility, partnership, public housing, renewable energy, social services, sustainability, sustainable growth, sustainable urban development, transport renovations, urban renewal, Ústí nad Labem, water management, zoo upgrades
(IN BRIEF) The European Investment Bank (EIB) presented a report at the Invisso Conference in Vienna examining innovation progress in Central, Eastern, and South-Eastern Europe (CESEE). While the region has made significant strides in R&D and labor productivity, challenges such … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged business environment, Central, CESEE, competitiveness, Debora Revoltella, Eastern, economic convergence, EIB, EU, GDP, ICT, INNOVATION, innovation gaps, innovation-driven growth, intellectual property, Invisso Conference, Kyriacos Kakouris, labor-productivity, Manufacturing, Oesterreichische Nationalbank, partnership, Patents, pharmaceuticals, R&D personnel, research-intensive sectors, risk capital, skilled workers, South Eastern Europe, technology adoption, venture capital, Vienna Institute for International Economic Studies, wiiw
(IN BRIEF) The CESEE Bank Lending Survey by the European Investment Bank (EIB) reveals a recovery in credit demand and supply across Central Eastern and South-Eastern Europe, driven by increased consumer confidence and improved lending conditions, particularly for SMEs. Retail … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Retail, Small Business
Tagged banks, CESEE, Debora Revoltella, economy, EIB, Kyriacos Kakouris, retail, SMEs, ‘Credit conditions
(IN BRIEF) The European Investment Bank (EIB) is lending €400 million to Czech energy provider ČEZ to modernize and expand the country’s electricity distribution grid, enabling the integration of up to 5.5 gigawatts of renewable energy. The project, aligned with … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged ČEZ, Czech Republic, EIB, energy infrastructure, green transition, Kyriacos Kakouris, Martin Novák, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in loans to Komerční banka and SG Equipment Finance Czech Republic (SGEF) to support small and medium-sized enterprises (SMEs) and Mid-Cap companies in the Czech Republic and Slovakia. The … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, News, Slovakia, Small Business, Technology
Tagged Czech Republic, David Formánek, economic growth, EIB, INNOVATION, Komerční banka, Kyriacos Kakouris, partnership, Petr Němec, Slovakia, SMEs, Sóciété Générale Equipment Finance Czech Republic, sustainability
(IN BRIEF) The European Investment Bank (EIB) Group has opened a new office in Nicosia, Cyprus, signaling its strengthened commitment to supporting the country’s sustainable development goals. During the inauguration, EIB President Nadia Calviño and Cypriot leaders discussed investment priorities, … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Antonis Papageorgiou, Cyprus, EIB Group, Kyriacos Kakouris, Makis Keravnos, Nadia Calviño, office, partnership, sustainability
(IN BRIEF) JASPERS, a collaborative advisory initiative by the European Investment Bank and the European Commission, held its annual meeting in Brussels, marking nearly two decades of supporting regional development projects across Europe and beyond. Since 2005, JASPERS has facilitated … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Moldova, News, Ukraine
Tagged EIB, European Commission, JASPERS, Kyriacos Kakouris, MOLDOVA, partnership, sustainability, UKRAINE
(IN BRIEF) The European Investment Bank (EIB) has provided a CZK 7.61 billion (€300 million) loan to České dráhy, the Czech Republic’s national railway operator, to modernize and expand its rail fleet. The funding will enable České dráhy to purchase … Read the full press release
Posted in Banks, Business, Czech Republic, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged České dráhy, Czech Republic, EIB, Kyriacos Kakouris, Lukáš Svoboda, modernization, partnership, rail transportation, safety, sustainability
(IN BRIEF) EIB Vice President Kyriacos Kakouris presented the Green Gateway Report during a visit to the Malta Development Bank (MDB). The report, part of a broader €30 million EIB-funded initiative, outlines opportunities to fast-track climate action and green investments … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Malta, Management, News
Tagged EIB, investments, Kyriacos Kakouris, Leo Brincat, Malta Development Bank, partnership, Paul V. Azzopardi, sustainability
(IN BRIEF) The European Investment Fund (EIF) and the Government of Malta have launched a new €86 million initiative to support small and medium-sized enterprises (SMEs) in Malta. The first phase involves a €30 million guarantee through Bank of Valletta, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Malta, Management, News, Small Business
Tagged Bank of Valletta, EIF, investments, Jonathan Vassallo, Kenneth Farrugia, Kyriacos Kakouris, Malta, partnership, SME, sustainability
(IN BRIEF) On October 14, 2024, the Council of Europe Development Bank (CEB) and the EIB Group, which comprises the European Investment Bank (EIB) and the European Investment Fund (EIF), convened in Paris to enhance collaboration in tackling the growing … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Alessandro Tappi, CEB, EIB Group, EIF, Europe, Financial, investment, Kyriacos Kakouris, partnership, Sandrine Gaudin
(IN BRIEF) The European Investment Bank (EIB) is providing €125 million in loans to the Cyprus University of Technology (CUT) to fund new student housing and upgrade academic, research, and sports facilities in Paphos and Limassol. The project, which will … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Campus Expansion, Cyprus University of Technology, EIB, housing, Kyriacos Kakouris, Panayiotis Zaphiris, partnership, Petros Christodoulou, Phedon Phedonos, sustainability
(IN BRIEF) The European Investment Bank (EIB) has provided a €50 million loan to Slovenia’s largest energy distribution company, Elektro Ljubljana, to expand and upgrade the electricity grid in the central and southeastern regions of the country. The project, which … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Infrastructure & Utilities, Slovenia
Tagged EIB, electric-vehicle charging stations, electrification, Elektro Ljubljana, energy distribution network, EU policy goals, European Investment Bank, financing, green transition, Grid Expansion, heat pumps, infrastructure upgrades, Kyriacos Kakouris, Ministry of the Environment Climate and Energy, net zero, Recovery and Resilience Plan, renewable energy, REPowerEU initiative, Slovenia, smart meters, social and territorial cohesion, sustainable development, Tina Seršen, Urban Likozar, €50 million loan
(IN BRIEF) The European Investment Bank (EIB) Group has launched a photo exhibition in Ljubljana to celebrate the 20th anniversary of Slovenia’s membership in the European Union. The exhibition, titled “Slovenia – 20 Years of Progress in the EU,” features … Read the full press release
Posted in Art & Culture, Banks, Financial, Government, Infrastructure & Utilities, Slovenia
Tagged 20th anniversary, economic growth, Education, EIB Group, EIF, EU membership, EU policy objectives, European Investment Bank, European Investment Fund, European Union, financing, Gallus Embankment, infrastructure, INNOVATION, Klemen Boštjančič, Kyriacos Kakouris, Ljubljana, low carbon economy, photo exhibit, Simon Savšek, Slovenia, social infrastructure, sustainable development
(IN BRIEF) The European Investment Bank Group (EIB Group) is set to expand its presence in the European Union by opening a new office in Nicosia, Cyprus. This decision was revealed during discussions between EIB Group President Nadia Calviño and … Read the full press release
(IN BRIEF) The European Investment Fund (EIF), in collaboration with the Malta Development Bank (MDB), is set to provide guarantees totaling €20 million to support small and medium-sized enterprises (SMEs) and small mid-caps in Malta. These guarantees, backed by InvestEU, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Malta, Management, News, Small Business
Tagged economic development, EIB, EIF, job creation, Kyriacos Kakouris, Malta, Malta Development Bank (MDB), Marjut Falkstedt, Mr. Leo Brincat, partnership, SMEs, sustainability
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