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Egypt to Integrate 22 GW of Renewable Energy Capacity by 2030 with Support from the EU and EIB
The European Union and the European Investment Bank (EIB) will support the upgrade and expansion of Egypt’s electricity network through a financing package worth 690 million euros. Of the total amount, 90 million euros will be provided as grants by…
ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business area. Global demand for electricity is growing 10…
IEA, ECB and EIB highlight importance of an accelerated clean energy transition for Europe’s industrial competitiveness and financial stability
The heads of the European Investment Bank (EIB), the European Central Bank (ECB) and the International Energy Agency (IEA) are today calling on leaders from government, finance and industry across Europe to deliver a clean energy transition which is just,…
Mihajlovic with the EIB: Energy Transition and Various Gas Suppliers are Crucial for the Development and Security of Serbia and the Region
Deputy Prime Minister and Minister of Mining and Energy, prof. Zorana Mihajlovic, Ph.D, met with Matteo Rivellini, Head of the Western Balkans Division at the European Investment Bank (EIB), and discussed with him the continuation of cooperation in the mining…
New EIB-EBRD-WB Enterprise Survey: Are Companies In The Western Balkans Prepared For Another Crisis?
Russia’s invasion of Ukraine and its economic fallout come just as firms in the Western Balkans are recovering from the COVID-19 shock. Today’s presentation “Business resilience in the Western Balkans at times of repeated shocks”, presented by the EIB’s Chief…
EIB Investments Reached 853 Million Euros in the Western Balkans in 2021, Increasing Support for Green and Digital Projects
The European Investment Bank Group (EIB), the bank of the European Union, invested 853 million euros overall across the Western Balkans in 2021 for sustainable development, the green transition, digitalisation and support for small businesses. Last year, the EIB invested 560…
500,000 Euros EIB Grant to Ensure Sustainable Urban Mobility in Niš, Serbia
The European Investment Bank (EIB) – the lending arm of the EU – has signed a cooperation agreement with the City of Niš in Serbia to finance the preparation of a sustainable urban mobility plan, enabling the city to make…