EU finance ministers back EIB drive to fund defence and energy
The bank's Board of Governors, made up of the finance ministers of the 27 member states, approved the strategy at their annual meeting.
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EU signs €20 billion ‘green’ fund for developing world as European households show growing uncertainty
The European Union and several development finance institutions have signed a new fund designed to channel up to €20 billion in private capital into sustainable…
‘Peace project’ bank EIB now funding war drones
The European Investment Bank (EIB) was now for the first time funding “purely military projects”, said its president May 12.
MEP says EU must be pragmatic while China has edge over EU billions
György Hölvényi, MEP for Hungary and member of the Patriots for Europe Group, standing rapporteur for education in the Committee on Development, reports exclusively…
EU taxpayers set to lose more than €300 million over ‘green’ darling Northvolt’s bankruptcy
Any bankruptcy of Swedish battery developer and manufacturer Northvolt is set to cost the European taxpayer a hefty sum.
Europe’s largest wind-power plant stacks up hundreds of millions in losses
Sweden's Markbygden Ett, Europe's largest wind-power plant, has lost more than €322 million since its start-up and between 2017 and 2023, the loss margin was minus…
European Investment Bank to boost defence spending
The European Investment Bank (EIB) said it plans to increase its investments in European defence, focusing on elements such as drones, satellites and cybersecurity.
Werner Hoyer, former head of EIB, under EU investigation for alleged corruption
Werner Hoyer, who led the European Investment Bank (EIB) from 2012 to January 2024, is under investigation by European Union prosecutors for alleged corruption,…
Head of EU’s EIB lending arm calls for spending cap to be scrapped
The head of the European Union's EIB lending arm has called on the bloc's member states to scrap a spending cap currently imposed on the development bank.
Fragmented Europe to make new bid for US-style capital market
After years of struggling to raise capital in European Union markets, Mews - a hospitality software firm with Czech roots -finally secured funding by registering…
Germany, France lead call for EIB to step up defence financing
Germany and France joined 12 other European Union countries in calling for the European Investment Bank to enhance its financing for defence as a means to boost…
EU shifts budget priorities from climate to defence as Ukraine takes centre stage
The European Union's budget priorities are shifting rapidly away from solar cells to bullets as the Ukraine conflict replaces the stalled Green Deal in leaders'…
Spain’s Calviño beats EC’s Vestager to take European Investment Bank crown
Spain’s Deputy Prime Minister and economy minister Nadia Calviño has beaten European Commissioner Margrethe Vestager for the top job at the European Investment…
Munster welcomes EU Cohesion support for enterprise
Local politicians from Munster and other southern localities of Ireland have welcomed a new EU supported program to boost enterprise in their regions.
Berlin’s state-owned companies have investment surge
Berlin's state-owned enterprises witnessed a remarkable resurgence in investment, reaching levels not seen since the post-reunification era.
Europe’s green bond market has a new big buyer in the EIB
There is a new buyer in Europe’s ESG corporate bond market as the European Investment Bank starts taking a bumper share of new green bond sales.
EC reshuffles as Vestager eyes top job at European Investment Bank
Margrethe Vestager has taken leave from her role in the European Commission to try for the presidency of the European Investment Bank (EIB).
Race kicks off for top EU bank position
Lead Eurocrats start their fight for the top post in one of the European Union's main banks on August 18.
Sánchez nominates Finance Minister for EIB amid tense premiership negotiations
Spain’s Prime Minister Pedro Sánchez nominated Nadia Calviño, his acting Deputy Prime Minister, for the European Investment Bank’s (EIB) top job.