01/20/2021 | Press release | Distributed by Public on 01/20/2021 17:51
EIB Group activity in 2020: Spain the country with the greatest volume of financing approved for projects related to the COVID-19 crisis
Spain was the first country to benefit from the European Guarantee Fund (EGF).
Impact: nearly €8.5 billion for 98 operations in Spain, financing that amounts to nearly 0.8% of national GDP.
Climate action: accounted for 38% of total activity, an increase of 9 percentage points compared to 2019.
Investment Plan for Europe: Spain is the country with the third-highest volume of financing approved since 2015.
The European Investment Bank Group (EIB and EIF) today presented the results of its activity in Spain for 2020. Last year, the EIB Group signed 98 operations in Spain for a total volume of €8.454 billion, 58% of which dedicated to mitigating the economic and healthcare impacts of COVID-19.
EIB Group presents results of activity in Spain for 2020
The measures taken by the EIB to mitigate the effects of the pandemic focused on two main areas: supporting the healthcare sector and small and medium-sized enterprises (SMEs). EIB | Updated: 20-01-2021 22:14 IST | Created: 20-01-2021 22:14 IST
The COVID-19 crisis has put even more emphasis on the urgent need to support SMEs, which represent a substantial part of the production and employment landscape in Spain. Image Credit: Flickr
The European Investment Bank Group (EIB and EIF) today presented the results of its activity in Spain for 2020. Last year, the EIB Group signed 98 operations in Spain for a total volume of €8.454 billion, 58% of which dedicated to mitigating the economic and healthcare impacts of COVID-19.
EIB Group Increases Financing to €77bn in 2020 to Combat COVID-19, Climate Crisis chronicle.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chronicle.lu Daily Mail and Mail on Sunday newspapers.
The Commission and the European Investment Fund (EIF) have announced a €300 million investment into the space sector, with €100m stemming from the EU budget, supporting ground-breaking innovation in the industry. The EIF s participation is backed by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe. This investment […]
European Investment Fund announces €300 million of space sector finance with new investments into Orbital Ventures and Primo Space Dettagli
The European Investment Fund (EIF) is partnering with the European Commission, to announce €300 million of investments into the EU space sector, supporting ground-breaking innovation in the industry. During the European Space Conference
in Brussels, EIF and the EC jointly announced investments into two space tech focused funds - Orbital Ventures and Primo Space, under the first ever EU-backed equity pilot - the InnovFin Space Equity Pilot. An additional investment expected to be signed by end of Q1 will mark the full deployment of the €100m InnovFin Space Equity Pilot. These agreements are supported by the European Fund for Strategic Investments (EFSI), the central pillar of the Investment Plan for Europe.