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The Latest Breaking News from European Investment Bank

Make the Saving and Investment Union a reality, Calviño tells EU leaders

The European Investment Bank president's intervention comes ahead of the Informal European Council in mid-February.

Euronews

'Europe's unity is our strength,' European Investment Bank chief Calviño tells Euronews

European Investment Bank President Nadia Calviño told Euronews' morning show Europe Today that the EU should stick together after the US administration claimed the bloc was weak and in decline. She further argued that Europe must become stronger and simplify its economy.

Euronews

Europe eyes investments in Africa into clean energy and infrastructure

European and African leaders met in Luanda during the EU-African Union summit where they pledged to increase trade in renewable energy and critical raw materials. Shortly before, European leaders met in Johannesburg for the G20, where the bloc struck a trade deal with South Africa.

Euronews

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European Investment Bank to boost funds for Bangladesh as it weathers political turmoil

A senior official of the European Investment Bank says the regional lending agency is keen to double its funding for Bangladesh, but she expressed concern over human rights as the country endures a spell of political turmoil

The Independent UK

Spain Finance Chief Calvino To Head EU's Lending Arm

Spain's Economy Minister Nadia Calvino, the newly-named European Investment Bank (EIB) chief, is a politician who is well-versed in EU lore and a pragmatist with experience of navigating power struggles.

International Business Times

EU bank announces new recovery funds for Ukraine

European Investment Bank (EIB) President Werner Hoyer visited Kyiv on Monday to discuss a multi-million dollar recovery initiative for Ukraine. It's his first visit there since the beginning of Russia’s invasion in February 2022.

Radio France Internationale

New UK banks’ post-Brexit investment only one third of lost EU funds

Exclusive: Thinktank says replacements for European Investment Bank have backed ‘fewer, smaller and lower-risk projects’

The Guardian - UK

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The case for women's leadership

How can we meet the world's climate goals? We can start by putting more women in charge. That will give us a much better chance of not only controlling global warming but also achieving greater prosperity along the way.

Bangkok Post

Climate crisis also a health threat

The latest Lancet Countdown report, which monitors the health consequences of climate change, highlights the need to prepare for future calamities. Even as Covid-19 continues to spread, a recent study suggests that the likelihood of another pandemic increases by 2% each year. In the coming decades, the interplay between the…

Bangkok Post

Time to invest in global health

No one could have predicted the extent to which Covid-19 would erode decades of progress in public health. And the world is still reeling from the shock. But we have the opportunity -- and the duty -- to learn the right lessons to mitigate the ongoing pandemic, while minimising the…

Bangkok Post

European Investment Bank to Help Egypt Overcome ‘Scarcity of Resources’

The Egyptian presidency has sought to put water at the heart of climate action to overcome water scarcity and improve its resources. Dr.

Asharq Al-Awsat

Danube drought reveals parts of hidden WWII history

The worst drought in Europe in decades has not only scorched farmland and hampered river traffic, it also has exposed a part of World War II history that had almost been forgotten

The Independent UK

Ukraine PM: Rich Russians Should Pay the Bill to Rebuild

The cost of rebuilding Ukraine following Russia's invasion could reach $750 billion and rich Russians should help pay the bill, Ukrainian Prime Minister Denys Shmygal said on Monday. "We believe that the key source of recovery should be the confiscated assets of Russia and Russian oligarchs," he told a conference…

Asharq Al-Awsat

EU lending arm aims to raise 100 billion euros to help rebuild Ukraine

The European Investment Bank, the lending arm of the European Union, is proposing a funding structure previously used during the COVID-19 pandemic to help rebuild Ukraine with up to 100 billion euros ($104.3 billion) of investment, according to a document seen by Reuters.

Reuters

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Asharq Al-Awsat

Egypt, EIB Boost Cooperation to Enhance Private Sector Engagement

Egyptian Minister of International Cooperation Rania Al-Mashat said that the fruitful cooperation with the European Investment Bank (EIB) is reinforcing joint development efforts and therefore the private sector's growth. EIB Vice President Gelsomina Vigliotti will be heading on a four-day visit to Egypt to strengthen cooperation with Egyptian public and…

Benzinga

Inventiva Raises €50M Debt Financing To Fund Its Lead Program In NASH Patients

Inventiva (NASDAQ:IVA) has signed a €50 million bullet credit facility agreement with the European Investment Bank. The company plans to use the facility for its preclinical and clinical pipeline, including to help fund a portion of its Phase 3 clinical trial of lanifibranor in patients with non-alcoholic steatohepatitis (NASH). Related: Inventiva Posts Results of…

Reuters

Exclusive-Top EU official backs multi-trillion plan to rebuild Ukraine

A top European official has backed a multi-trillion-euro "Marshall"-style plan to rebuild Ukraine, pledging the firepower of the EU's lending arm for what he said must be a global rescue effort.

The Times of India

Start work on Gorakhpur Metro project within 6 months: Yogi Adityanath

LUCKNOW: Uttar Pradesh chief minister Yogi Adityanath on Tuesday directed the urban development department officilas to start work on the Gorakhpur metro lite project within six months. The development came less than a week after the European Investment Bank (EIB) officials announced their interest in funding the project.

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