Monthly Archives: May 2014

EU steps up its efforts to improve the health of millions in developing countries

European Commission President, Jose Manuel Barroso, has today announced that the EU will provide €25 million per year in the period 2014-2020 to fund vaccines and immunisation programmes worldwide. The new support – more than double that previously committed, when … Continue reading

Posted in General | Tagged , , , , , , , , , , , , | Comments Off

Ukraine: First tranche of EU Macro-Financial Assistance disbursed

Today, the European Commission, on behalf of the EU, disbursed a first loan tranche of €100 million to Ukraine. It was made available from the EU Macro-Financial Assistance (MFA) programme for Ukraine, which is worth €1.61 billion in total. A … Continue reading

Posted in General | Tagged , , , , , , , , , , | Comments Off

EIB – Banco Santander: EUR 500 million for SMEs

The European Investment Bank (EIB) has granted a EUR 500 million loan to Banco Santander to finance the investment projects of SMEs (firms with up to 250 employees) and midcaps (firms with up to 3000 employees). The EIB funds will … Continue reading

Posted in General | Tagged , , , , , , , , , | Comments Off

European Commission adopts ‘Partnership Agreement’ with Germany on using EU Structural and Investment Funds for growth and jobs in 2014-2020

The European Commission has adopted a “Partnership Agreement” with Germany setting down the strategy for the optimal use of European Structural and Investment Funds in the country’s regions and cities. Today’s agreement paves the way for € 19.2 billion (current … Continue reading

Posted in Finance Investments EU | Tagged , , , , , , , , , | Comments Off

Dutch renewable energy boosted by EUR 587m EIB backing for world’s largest wind farm

The European Investment Bank today agreed to provide EUR 587 million for the world’s largest wind farm to be constructed 85km north of the Netherlands, at a site not visible from land. Once operational the 600MW Gemini offshore wind farm … Continue reading

Posted in General | Tagged , , , , , , , , , , , , | Comments Off

EIB and ABN AMRO agree on new financial support for Dutch SMEs

ABN AMRO acquires EUR 350 million in funding from the European Investment Bank (EIB). ABN AMRO will use this funding to provide loans to Dutch small and medium sized enterprises (SMEs), creating additional opportunities for these companies to borrow money … Continue reading

Posted in Food Processing EU | Tagged , , , , , , , , | Comments Off

Energy: Commission releases €750 million for infrastructure projects

The first call for proposals under the Connecting Europe Facility (CEF) to help finance key trans-European energy infrastructure projects is open. A total of €750 million will be made available for first priority projects mainly in the gas and electricity … Continue reading

Posted in General | Tagged , , , , , , , , , , , | Comments Off

Midi-Pyrénées Region: EIB and Region commit €200 million for refurbishment and modernisation of upper secondary schools, including lycée Saint-Sernin

Martin Malvy, President of the Council of the Midi-Pyrénées Region, and Philippe de Fontaine Vive, Vice-President of the European Investment Bank (EIB), have signed a €200 million agreement to finance the construction and refurbishment of the region’s schools. The signing … Continue reading

Posted in Finance Investments EU | Tagged , , , , , , , | Comments Off

€60 million of EU Regional Fund investments to complete Poland-Lithuania power link for energy security and Europe’s energy market

The European Commission has today approved an investment of €60 million from the European Regional and Development Fund (ERDF) to complete the construction of the electrical grid between Poland and Lithuania. This particular project will focus on the building of … Continue reading

Posted in Finance Investments EU | Tagged , , , , , , , , , , , | Comments Off

Italy: EIB and CDP provide EUR 500 million for SMEs and enterprise networks

The European Investment Bank (EIB) and Cassa depositi e prestiti (CDP) have signed a new EUR 500 million agreement for supporting investment in Italy. Under the agreement, the EIB is providing CDP with a credit line of up to EUR … Continue reading

Posted in Finance Investments EU | Tagged , , , , , , , , , , , , | Comments Off