Luxembourg, May 14 -- The European Investment Fund (EIF), part of the European Investment Bank Group (EIB Group), and LABORAL Kutxa have signed a new guarantee agreement that will allow the credit cooperative of MONDRAGON to allocate up to 150 million euros to microloans and social loans. The agreement is backed by the InvestEU program.Thanks to the EIF guarantee, LABORAL Kutxa will provide new financing on favourable terms to more than 7,000 micro?enterprises and social enterprises. The agreement, framed within the InvestEU Social Investment and Skills program, also aims to promote job creation and consolidation within this highly dynamic sector of the economy. The agreement will enable LABORAL Kutxa to grant loans of up to 2 million euros...