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European Investment Bank

European Investment Bank


Committee of the Regions and EIB team up to speed up delivery of Juncker plan and boost local economies

The President of the European Committee of the Regions, Michel Lebrun, and EIB President, Werner Hoyerm, have joined forces and launched an action plan to boost the delivery of the EUR 315bn Juncker Plan and EU structural funds. The shared objective is to simplify procedures and speed up the implementation of quality EU projects that benefit both citizens and local businesses.

 

Spain first country to implement EIB Group-European Commission SME Initiative

Spain has signed an agreement with the EIB Group and the European Commission to contribute EUR 800m of their European Structural and Investment Funds (ESIF) funds to the new SME Initiative to generate more than EUR 3bn of SME financing. The pioneering initiative aims to use the structural funds more efficiently and ensure that funding reaches a greater number of small and medium-sized businesses on highly favourable terms.

 

EIB President Hoyer: EIB Group welcomes establishment of EFSI

The President of the European Investment Bank (EIB), Werner Hoyer, welcomed the legislative proposal by the European Commission to set up the new European Fund for Strategic Investments (EFSI), which will be jointly established by the Commission and the EIB Group. 

 

EU Investment Offensive: launch of new advisory service on financial instruments

The EIB and European Commission are jointly launching fi-compass, a new advisory service on financial instruments for the European Structural and Investment Funds (ESI Funds). This service is part of the "one stop shop" advisory hub, to be launched as an important part of the EU Investment Plan. 

 
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