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Tuesday, 19 September 2017

EU Commission: European Investment Bank agrees EUR 11.5 billion backing for transport, education, energy and private ...

European Investment Bank agrees EUR 11.5 billion backing for transport, education, energy and private sector investment

The board of the European Investment Bank approved new financing totalling EUR 11.5 billion at its meeting in the Bulgarian capital Sofia today. This includes support for investment to improve transport, education, urban development, water, energy and communications, alongside backing business investment across Europe and around the world. New Public-Private Partnership (PPP) financing for urban rail, motorway construction and flood defences was also agreed.

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Five countries pledge contributions for the EU Bank's Economic Resilience initiative to tackle migration and create jobs

Italy, Luxembourg, Poland, Slovakia and Slovenia have become the first EU Member States to pledge contributions for the European Investment Bank's Economic Resilience Initiative (ERI). The ERI is an investment programme that helps to tackle the migration challenge in Europe's Southern Neighbourhood and the Western Balkans. Under the ERI, the EU bank is increasing financing in these two regions by EUR 6 billion during the 2016-2020 period.mobilising additional investment of 15 billion. The ERI EIB financing comes on top of the EUR 7.5 billion already planned.

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Michel Delebarre elected as chair of the Commission for Economic Policy
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Climate change: local governments and their networks join forces
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Cor Lamers elected ENVE Commission Chair
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