On Tuesday, Mario Draghi outlined his blueprint for improving Europe’s competitiveness through closer cooperation in core areas and massive investment in shared objectives. Mr Draghi, author of a report on European competitiveness requested by the President of the European Commission, said that the EU needed to focus on three crucial issues: closing the innovation gap […]
European Commission and EIF join forces to boost investment in defence innovation
The European Commission and the European Investment Fund (EIF) have joined forces to step up their support to EU’s defence and security through the launch of the Defence Equity Facility. The initiative, consisting of €100 million from the European Defence Fund and an additional €75 million from the European Investment Fund, will significantly expand EIF’s investment capacity to support, […]
Brazil: EIB lends €300 million to Banco Santander Brasil for small-scale solar energy investments
The European Investment Bank (EIB), the world’s largest multilateral public bank, and Banco Santander (Brasil), the largest foreign bank in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a […]
European Commission launches call for applications for Global Gateway Business Advisory Group
The European Commission has launched a call for applications for up to 60 participants to join the Global Gateway Business Advisory Group. The group will bring together directors or senior leaders of European companies and trade associations to exchange views on the development of the Global Gateway with the President of the European Commission and […]
EIB lends Zunder €40 million to accelerate the electrification of transport in Spain
The European Investment Bank (EIB) and Zunder, an operator of independent electric vehicle (EV) ultrafast charging infrastructure in Spain, have signed a EUR 40 million loan to finance the installation of a network of fast and ultrafast chargers along the Trans-European Transport Network (TEN-T) in Spain. The project complies with the EU’s sustainable transport and […]
European Commission signs agreement with ICO to invest €150 million in sustainable infrastructure in Spain
The European Commission and the Instituto de Crédito Oficial (ICO) signed an agreement under the InvestEU guarantee scheme for up to €75 million. The guarantee package will help leverage ICO funding of up to €150 million to invest in sustainable infrastructure in Spain and other Member States. This public investment is expected to mobilise an […]
EIB lends €120 million to Cosentino Group to support its sustainability and circular economy strategy
The EIB will provide a €120 million loan to Cosentino Group, a global leader in the design and manufacture of innovative and sustainable surfaces. With the support of the EU bank, the multinational company will finance its innovation and sustainability strategy, focusing on key areas such as the circular economy, decarbonisation, energy efficiency and the use […]
Job Oportunity: Mandate Risk Management – Senior Officer/Principal (European Investment Fund)
The European Investment Fund (EIF), is seeking to recruit for its Risk Management Department (RM) – Corporate Risk Management Division at its headquarters in Luxembourg, a Mandate Risk Management – Senior Officer/Principal (depending on experience).This is a full-time position requiring occasional travel at grade 6/5. Appointment will be made on the basis of a fixed term contract of three […]
First European Defence Innovation Day Calls for More Investment and Cooperation
“We must invest more in defence and make up for years of budget cuts and underinvestment. The message is clear: we need to reduce fragmentation and invest more together, starting now”, said High Representative/Head of the European Defence Agency, Josep Borrell, during the first European Defence Innovation Day – organised by the European Defence Agency […]