European Investment Bank

Sofia Airport to be Modernized with an EIB Loan of 40 Million Euros

The European Investment Bank (EIB) and the special investment company Sof Connect AD have signed a loan agreement of EUR 40 million for the modernization of Sofia International Airport, BNR reported, referring to the bank. Funding is supported by the European Commission's Connecting Europe Facility (CEF).

Eurogroup: Support measures, assessment report and debt on the table

The 10th post-memorandum evaluation report of the Greek economy is expected to be presented during today's Eurogroup meeting in Luxembourg, which will be attended by Finance Minister Christos Staikouras.

Therefore, Greece is expected to take another step towards a positive direction, as another evaluation is successfully completed.

Energy Minister: EIB can finance up to 75 pct of Romanian eligible energy project costs

Romanian Energy Minister Virgil Popescu and counselor Niculae Havrilet had a working meeting today in Luxembourg with European Investment Bank (EIB) Vice President responsible for Romania, Christian Kettel Thomsen, with talks focusing on the increase in EIB's financial and technical support for investments in the Romanian energy sector and support for major projects in this field, the Energy Mi

Central bank: Climate change agenda has high stake for Romania's economy, financial system

The climate change agenda has a high stake for the Romanian economy and financial system, both in terms of opportunities and costs, should the green transition be delayed, the governor of the National Bank of Romania (BNR), Mugur Isarescu, said on Tuesday at the press conference for the presentation of the Report of the National Committee for Macroprudential Supervision (CNSM).

SMEs should also receive grants through PNRR, not only financial instruments

Bucharest, May 14 /Agerpres/ - Small and medium-sized enterprises should benefit from grants from the National Plan for Recovery and Resilience (PNRR), as is happening in the rest of the European countries, not only from financial instruments, said, on Friday, Florin Jianu, the head of the National Council for Small and Medium-sized Private Enterprises (CNIPMMR), in a press conference.

European Investments Minister: Half a billion euros available to SMEs under risk capital facility

One of the most progressive components of the National Recovery and Resilience Plan (PNRR) is that of financial instruments and grants for the private business environment, and SMEs will have half a billion euros available as a risk capital facility, under an agreement signed with the European Investment Bank and the European Investment Fund, Minister of European Investments and Projects Cristi

Slovenia supports plans for EU’s future financial development

Ljubljana – Foreign Ministry State Secretary Stanislav Raščan took part in a meeting of ministers in charge of development cooperation on Thursday, discussing the EU’s future financial development architecture. They called for more cooperation among financial institutions, noting that no major systemic changes were necessary, the Foreign Ministry said.

Highway to Hell: It’s Time Bosnia Rethought Corridor Vc

Last month, the EBRD approved its latest contribution to the project - a loan of 60 million euros - even while both the EIB and EBRD's grievance mechanisms are still examining complaints submitted by local residents who stand to be affected by the project. These complaints contain serious allegations that JP Autoceste sidelined local communities in breach of both banks' standards.

Liquidity of businesses good but deteriorating, FinMin says

Brussels – The liquidity of companies in Slovenia is good, but deteriorating. The government is working on new schemes to help businesses capable of surviving the crisis, Finance Minister Andrej Šircelj told his counterparts from other EU countries and the Eurozone in online meetings on Monday and Tuesday.

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