EIB Group approves €7.9 billion in financing to boost innovation, sustainability and global partnerships
Luxembourg, June 11 -- The Boards of Directors of the European Investment Bank (EIB) Group approved €7.9 billion in new financing to strengthen Europe's technological leadership, critical infrastructure and global partnerships.The operations include €3 billion under TechEU to expand broadband connectivity and advance pharmaceutical research and development in Germany. The new financing also covers investments in energy-efficient and intelligent lighting in the Netherlands and life sciences including biotech across the European Union.In addition, the European Investment Fund (EIF) Board approved support for equity agreements backing EU-based funds focused on artificial intelligence and deep tech. The EIB Board of Directors also a...
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