The EU plans an additional financial package, the Ukraine Facility, to help support the recovery and reconstruction of Ukraine. San Bilal argues that specific attention should go to ensuring that the package can mobilise public investments, with the European Investment Bank being uniquely placed to do so.
EU finance ministers will soon appoint a new president of the European Investment Bank (EIB). Following two six-year terms, the incumbent, Werner Hoyer, will step down, and a new captain will take the helm of the world’s largest multilateral financial institution. The new president comes at a critical time for the bank. Between the need to support Ukraine, the imperative to accelerate the energy transition and the pressure to reform the international financial architecture, the challenges faced by the largest multilateral development bank (MDB) are not for the faint-hearted.
Press Secretary Jean-Pierre Holds Press Briefing miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Press Briefing by Press Secretary Karine Jean-Pierre globalsecurity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalsecurity.org Daily Mail and Mail on Sunday newspapers.