EIB Group approves €6 billion in financing for clean energy, resilient agriculture and business competitiveness
Luxembourg, May 20 -- The Boards of Directors of the European Investment Bank (EIB) Group approved €6 billion in new financing to promote clean energy, climate-resilient agriculture and European competitiveness.The EIB Board backed renewable energy in Austria, electricity grid upgrades in Germany, energy efficiency improvements for buildings in Slovakia and Sweden, and a new food manufacturing facility in Portugal. The Board also supported a research and development project to develop field crop and vegetable seed varieties across Europe for improved yields and resilience to climate-related stresses.Furthermore, the financing package includes additional support for small and medium-sized businesses in Spain and Slovakia, with a focus ...
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