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The Latest Breaking News from EIB

European Investment Bank triples its financial commitment to defence

With a new financial ceiling of €100 billion for 2025, the European Investment Bank (EIB) aims to invest in defence, energy networks and technology.

Euronews

‘It’s a critical time’: European farmers struggle through driest spring in a century

Extreme weather costs the EU about €28.3bn in lost crops and livestock per year, more than half the losses stem from drought

The Guardian - UK

Access to EU investment is reason enough to face down the Brexiters

Letter: Brian Unwin highlights just how much long-term financing has been lost through leaving the EU. But Fawzi Ibrahim says sovereignty is priceless

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Brussels hosts Syrian foreign minister for talks on country’s political and economic transition

The EU is hoping to rally further support for Syria’s fragile transition, days after sectarian violence erupted in the country’s coastal regions.

Euronews

EU leaders in Brussels to push for more security, defence funding

European Union leaders are gathering in Brussels on Monday to discuss boosting Europe's military funding in the face of multiple threats, including Russia's war on Ukraine – which is about to enter its third year.

Radio France Internationale

This timid ‘Ming vase’ strategy won’t turn Labour into a dynasty

Caution is understandable, but, if elected, Starmer and Reeves will need to make bold decisions on investment and Europe

The Guardian - UK

Why Europe is banking on Africa for its big-ticket investments

The European Union is investing heavily in Africa – pouring half of its global mega budget of €300 billion into projects on the continent. Renewable energy, internet access, transport, vaccines and education are several sectors benefiting from private and public EU funds – an effort that’s being supported by the…

Radio France Internationale

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EU proposes major defence boost as it eyes Russia and Trump

Bloc moves to strengthen defence sector in face of Russian aggression and prospect of weakened US support.

Al Jazeera

EU leaders unveil €210m Mauritania deal in bid to curb people-smuggling

Plan includes energy and infrastructure projects with aim of strengthening stability in Sahel

The Guardian - UK

Spain's Calvino Beats Vestager To Head Bloc's Lender

Spain's economy minister Nadia Calvino on Friday won the race to lead the European Investment Bank, the bloc's lending arm whose significance has grown since war broke out in Ukraine.

International Business Times

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

Russia-Ukraine war at a glance: what we know on day 576 of the invasion

Zelenskiy speaks to Canadian parliament after Justin Trudeau announces training for F-16 fighter pilots

The Guardian - AU

Starmer says no case for joining EU as he insists Brexit policy hasn’t changed

Labour leader defends stance – as Tories accuse him of ‘surrendering’ control of immigration

The Independent UK

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The Guardian - UK

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’

Bangkok Post

Transform development finance

In a world beset by rising temperatures, extreme weather patterns, and escalating natural disasters, the urgency of decisive action on climate change and the threat of future pandemics has never been more apparent. Both threats will affect us all. But the countries between the Tropics of Cancer and Capricorn --…

Birmingham Post

RSK Group seals brace of new lettings

Environmental and engineering firm has brought together teams into a single location in Birmingham city centre

Asharq Al-Awsat

Jordan Signs MoU for Gold, Lithium Exploration

Jordan's Ministry of Energy and Mineral Resources and the Arab Mining Company signed Sunday two memoranda of understanding (MoU) to excavate lithium in Wadi Araba's Fenyan area and gold in Aqaba's Jabal Mubarak area. The Jordan News Agency (Petra) quoted Minister of Energy and Mineral Resources Saleh Kharabsheh as saying…

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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…

Reuters

Head of EU's lending signals joint action plan for COP and giant Ukraine fund

The head of the European Union's powerful lending arm has urged leaders not to backslide on climate targets amid the energy crisis and signalled a joint action plan from the world's top development banks at next month's COP 27 summit and on Ukraine.

Reuters

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.

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

BVXV: Definitive Collaboration Agreement Signed to Develop Pipeline of NanoAb Therapies…

By David Bautz, PhD NASDAQ:BVXV READ THE FULL BVXV RESEARCH REPORT

Radio France Internationale

World 'stands up' for Ukraine with 10 billion euro promise to help refugees

A global pledging event for Ukrainian refugees called "Stand Up for Ukraine" has raised €10.1 billion ($11 billion), European Commission chief Ursula von der Leyen said in Warsaw on Saturday.

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