The European Investment Fund (EIF), the European Investment Bank Group’s (EIB Group) equity investment arm for SMEs and midcaps, the Ministry of Economy, Trade and Enterprise and eleven financial institutions have signed guarantee agreements that will enable financial institutions to channel EUR 2.5 billion of new funding to the real economy. The funding will go […]
EU approves €58M for Luxembourg under NextGenerationEU
The Commission issued a positive preliminary assessment of Luxembourg’s second payment request for €58 million under NextGenerationEU, the centrepiece of Europe’s recovery efforts to build a greener, more digital and competitive Union. The Commission preliminarily concluded that Luxembourg has fulfilled the milestones and targets required for this second instalment, financed under the Recovery and Resilience Facility (RRF), the key instrument of […]
NextGenerationEU: European Commission successfully issues first green bond to finance the sustainable recovery
The European Commission has issued the first NextGenerationEU green bond, thus raising €12 billion to be used exclusively for green and sustainable investments across the EU. This represents the world’s largest green bond issuance ever. With NextGenerationEU green bonds, the EU is set to become the world’s largest green bond issuer by far, providing a […]