European Investment Bank

European Investment Bank

EIB signs EUR 1 billion loan to Greece

As part of exceptional measures in support of the Greek economic recovery, the EIB signed today a EUR 1 billion loan to Greece for the co-financing of projects which also receive funding from EU structural funds over the 2014-2020 period. Since the beginning of the crisis, the EIB provided loans of over EUR 11 billion for projects in the country.


EIB intensifies activity in Western Balkan countries

Werner Hoyer, President of the EIB, announced at the Western Balkans Summit in Vienna a number of projects which the EIB is ready to finance in the near future, including the “Rail Route 10” within Kosovo. Further operations include the Trans-Adriatic Pipeline, which will help diversify gas supply to the EU and develop the use of gas as source of energy in the Western Balkans.


EIB publishes report on expected impact of its EU projects

For the first time the EIB is publishing a report on the expected impact of the projects within the 28 EU Member States to which it lent support in the previous year. The 2014 3 Pillar Assessment Report summarises the expected contribution of the 413 projects signed in 2014 towards growth, employment and European integration.


EIB and AB Šiaulių bankas agree funding for refurbishing Lithuanian homes

The EIB and AB Šiaulių bankas have signed a EUR 68 million agreement to support the refurbishment and modernisation of around 250 multi-apartment buildings in Lithuania under the Jessica II Fund. Šiaulių bankas is providing a further EUR 30 million of own funds. The joint funding effort will increase energy efficiency and improve quality of life for many Lithuanians.

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