About: EIB Archives
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EU budget promises sweeping changes to development policy
The development policy community is anxiously awaiting an overhaul of the EU’s development budget and the instruments used to spend it, when the European Commission publishes its communication on Wednesday (2 May) for the bloc’s next seven year budget.
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EU bank delays decision on mega pipeline loan
The European Investment Bank on Tuesday (12 December) delayed a decision on whether to grant a multi-billion-euro loan to a controversial pipeline, after the bank’s board insisted it needs more time to assess the project.
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EIB banking on new business in East Africa
Offering credit to East African banks might not be many people’s idea of traditional development aid. Yet promoting private small and medium enterprise, alongside funding for infrastructure projects that will help develop local businesses, lies at the heart of the new strategy for Africa.
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Luxembourg seeks to become Europe’s green finance hub
At the COP23 summit in Bonn, Luxembourg's finance and environment ministers joined with directors of the European Investment Bank to launch a de-risking mechanism that will allow financing of climate-friendly projects.
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Varoufakis tells Macron to adopt the ‘empty-chair’ tactic
Former Greek finance minister Yanis Varoufakis supports Macron’s federalist proposals on the euro single currency but believes only a real threat could make Germany budge on the issue. EURACTIV France reports.
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EU bank invests in Mongolia’s green future
The European Investment Bank (EIB) has agreed to help finance a large-scale wind farm in Mongolia, as part of the East Asian country’s plans to embrace renewable energy.
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EU anti-fraud office send VW probe findings to German prosecutors
The European anti-fraud office that is investigating whether Volkswagen used EU funds and European Investment Bank (EIB) loans to develop devices that cheated emission tests has sent its judicial recommendations to German prosecutors.
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EIB approves €12 bn for transport, energy, infrastructure
The European Investment Bank (EIB) has approved new financing worth €12.4 billion for projects in transport, including a new metro line in Paris, infrastructure and energy, the bank said on Tuesday (18 July).
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EIB vice-president: ‘Despite Brexit, Europe has much to celebrate’
Despite Brexit, the threat of populism and the hostile winds blowing from Washington, the European Union has "much to celebrate", the European Investment bank’s Vice-President Román Escolano said in an interview with EuroEFE.
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EIB, WEF tell EU to embed social inclusion in economic policy
At a time of rising inequality across Europe, the European Investment Bank and the World Economic Forum have jointly sounded the alarm bell and called for social inclusion to become an organic part of EU economic policy.
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Spain benefitted most from Juncker Plan in 2016
Spain is one of the main beneficiaries of the Juncker Plan, according to European Investment Bank Vice-President Román Escolano, after a year in which the EU bank focused on financing SMEs. Euractiv Spain reports.
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Commission announces investment boost for circular economy
The EU executive announced today (26 January) the first steps towards legislation on the burning of waste for energy, and that it would work with the European Investment Bank to spur financial backing for projects supporting the shift to a circular economy.
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Argentina says Falklands claim unchanged by Brexit
Argentinian President Mauricio Macri told EU leaders yesterday (4 July) that his country's claim to the Falkland Islands remains unchanged following Britain's vote to leave the EU.
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Brexit will end EU investment in the UK
A major contributor to the European Fund for Strategic Investments (EFSI) and the main beneficiary of the Juncker Plan, a post-Brexit United Kingdom will have to learn to live without EU investment. EURACTIV France reports.
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Juncker Plan struggles to make inroads in Eastern Europe
One year after its launch, the Juncker Plan has reached 26 of the EU's 28 member states. But most of the projects are taking place in Western Europe. EURACTIV France reports.
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EIB chief says bank could give development funds in refugee crisis
European Investment Bank (EIB) President Werner Hoyer said thebank could start giving out loans to fund development projects and stem the number of refugees arriving in Europe.
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EIB opens its first Latin American offices in Panama
The European Investment Bank (EIB) will open its first office in Latin America, a decision made as a result of its "growing" activity in the region.
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EU’s larger economies are Juncker Plan’s biggest winners
In its first year, the Juncker Plan was mainly utilised by the EU’s big economies, notably France, Italy and Spain. EURACTIV France reports.
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Dieselgate: EIB freezes new loans to Volkswagen
The European Investment Bank (EIB) has decided to put “on hold” any new loan to Volkswagen, after the bank concluded that part of its funds could have been involved in the emission scandal affecting the diesel vehicles.
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Commission plans scheme to boost energy efficiency investment in buildings
The European Commission initiative, to be launched next year, will make it easier for smaller energy efficiency projects, such as building renovations, to get EU funding.
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€4-5bn EU digital investment fund needed, France says
France's Minister for the Economy, Emmanuel Macron, insisted on the need for a €4-€5 billion European digital investment fund at the French-German digital conference on Tuesday (27 October). EURACTIV France reports.
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Regions warn Juncker Plan could overlook small-scale infrastructure
EU officials are making noise about the Juncker Plan, which some say might give cash loans more favourably to large infrastructure projects and leave behind small, local proposals.
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Regions push for better access to Juncker Plan
The European Investment Bank is trying to cool local governments' scepticism over the Juncker Plan, an investment strategy that EU officials hope will pump €315 billion into infrastructure projects around the EU by 2017.
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Rifkin: Juncker plan not enough to lift Europe’s struggling economy
Europe needs to mobilise much more than €315 billion to embark in the transformation of its economy, create millions of jobs, create new business opportunities and create a genuine post-carbon society, said Jeremy Rifkin in an interview with EURACTIV.