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European firms are expecting a tough year in financing, EIB says

The prospects for corporate investment within the European Union are bleak, the annual investment report of the European Investment Bank said on Wednesday. The investment bank's annual report, which provides an overview of the EU's investments and major drivers behind them, points to tighter monetary policy and waning public support linked to the pandemic and the energy crisis as being behind the negative prospects. The report credits the EU's capacity to absorb pandemic and energy crisis-relate

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EU s Lending Arm Must Take More Risks on Projects, Belgium Says

EU s Lending Arm Must Take More Risks on Projects, Belgium Says
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Nadia calvinoVincent van peteghemVan peteghemKris peetersJorge valeroEuropean investment bankEuropean unionSpanish economy minister nadia calvinoPresident kris peeters

European Investment Bank invests €49bn in environmental projects

In the past year, the European Investment Bank Group (EIB) invested more money in climate and environmental projects than ever before, EIB President Nadia Calviño said on Tuesday in Brussels. In 2023, a total of €49 billion flowed into projects that take action on climate change and environmental sustainability. In the previous year it was €38 billion. "With €349 billion of green investment mobilized since 2021, the EIB Group is on track to achieve the goal of €1 trillion of green financing supp

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EU s Lending Arm Must Take More Risks on Projects, Belgium Says

(Bloomberg) The European Investment Bank should take bets on riskier projects to help attract more private investors including in the defense sector, Belgium’s finance minister said. Most Read from BloombergApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028China Weighs Stock Market Rescue Package Backed by $278 BillionRussia Says Military Plane With 65 Ukrainian POWs CrashedAckman Boosts Israel Support With 5% Stake in Tel Aviv BourseThe European Union’s funding arm “needs

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EIB Holds Key Financing Role in Rebuilding Ukraine, Calvino Says

(Bloomberg) The European Investment Bank will have an increasingly important role in financing the reconstruction of Ukraine and the green transition, as well as projects that strengthen the region’s economy, according to the institution’s next head.Most Read from BloombergApps That Use AI to Undress Women in Photos Soaring in UseThe Record Rush to Buy a Rolex or a Patek Philippe Is OverApple’s iPhone and Watch Product Design Chief to Leave in Shake-UpStock Faithful Ride $7 Trillion Rally as

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