EIB | Tags | Econostrum | Economic News in the Mediterranean

The EU has released €53.7 billion to help its partner countries absorb the consequences of Covid-19

09/13/2022 | Society / Institutions

EU. The European Union, its member states and European financial institutions have committed €53.7 billion in 2021 to help their partner countries cope with the pandemic and its consequences.

Balkans, Covid-19, EBRD, EIB, EU, European Bank for Reconstruction and Development, European Commission, European Investment Bank, European Union, Jutta Urpilainen, Sub-Saharan Africa, Team Europe

Aquila Clean Energy to invest €2 billion in renewable energy in Spain and Portugal

09/08/2022 | Environment

SPAIN / PORTUGAL. Aquila Clean Energy EMEA will invest €2 billion over three years in the renewable energy sector in Spain and Portugal through the InvestEU program.

EIB finances first three French offshore wind turbines

06/28/2022 | Environment

FRANCE. The European Investment Bank announces the conclusion of three financing agreements for the installation and commissioning of the first floating offshore wind turbines deployed in France, all located in the Mediterranean.

Ademe, Aude, Banque des Territoires, CDC, CPP Investments, EDF Renewables, EDP Renewables, EFGL, EIB, Enbridge, Enbridge Eolien France, energy, Engie, environment, Eolmed, European Commission, European Investment Bank, Feder, FEIS, floating wind turbines at sea, Fonds européen pour les investissements stratégiques, Fécamp, Groupe Caisse des Dépôts, IFP Energies Nouvelles, InnovFin, Le Barcarès, Leucate, Marseille, NER 300, Ocean Winds, Port Saint Louis du Rhône, Portugal, Principle Power, Provence Grand Large offshore wind farm, Pyrénées-Orientales, Qair, RTE, Réseau de Transport d'électricité, SBM Offshore, Siemens Gamesa, Vestas, wind turbines, Windfloat, Windfloat Atlantic, Éoliennes flottantes du Golfe du Lion

Enedis obtains €800m from the EIB to connect renewable energies and charging stations

05/19/2022 | Society / Institutions

FRANCE. Enedis signs a €800m loan with the European Investment Bank to finance the connection of decentralised renewable energies and electric vehicle charging stations in France.

Ambroise Fayolle, EDF, EIB, electric vehicles, electricity, electricity distribution, Enedis, energy transition, European Investment Bank, France, renewable energy, Xavier Girre

Mediterranean employment ministers want to promote an economy for the benefit of all

05/19/2022 | Society / Institutions

MEDITERRANEAN. In Marrakech, the employment and labour ministers of the Union for the Mediterranean committed themselves to meeting the challenges of employment and employability for the most vulnerable people, in particular young people and women.

European Commission and industry join forces to produce more clean hydrogen

05/10/2022 | Environment

EU. The European Commission and twenty CEOs of electrolyser companies sign an agreement to increase electrolyser production capacity in the European Union by a factor of ten.

Brussels, EIB, electrolysers, energy, environment, European Alliance for Clean Hydrogen, European Commission, European Investment Bank, Frans Timmermans, gas, Green Deal for Europe, Hydrogen Europe, REPowerEu, Russia, Thierry Breton, Ursula von der Leyen

19.65bn of guarantees for investments across Europe

03/08/2022 | Society / Institutions

EU. A €19.65bn guarantee agreement has been signed between the European Commission, the European Investment Bank and the European Investment Fund to support investment projects across Europe.

economy, EIB, EIF, EU, European Commission, European Investment Bank, European Investment Fund, European Union, green economy, InvestEU, Paolo Gentiloni, Tags: Alain Godard, Teresa Czerwińska, Valdis Dombrovskis

The EIB grants a loan of 600 M€ to STMicroelectronics

03/03/2022 | Industry

FRANCE / ITALY. One of the world's leading semiconductor companies, STMicroelectronics, has announced €600 million in financial support from the European Investment Bank for its R&D and new pilot production lines.

Agrate, Bruno Le Maire, Catania, Crolles, Daniele Franco, EIB, European Investment Bank, European Union, France, Gelsomina Vigliotti, Grenoble, Italy, Jean-Marc Chéry, Lombardy, R&D, semiconductors, Sicily, STMicroelectronics

EIB Global selects Bosnia and Herzegovina for its first impact loan in the Western Balkans

03/01/2022 | Society / Institutions

BOSNIA AND HERZEGOVINA. EIB Global, the new arm of the European Investment Bank, is making its first operation in Bosnia and Herzegovina by providing a €20m loan to Intesa Sanpaolo Banka BiH.

Bosnia and Herzegovina, Economic Resilience Initiative Fund, EIB, EIB Global, ERI, European Investment Bank, Intesa Sanpaolo Banka BiH, Intesa Sanpaolo Banka Bosna i Hercegovina, Intesa Sanpaolo Banka Bosnia and Herzegovina, Lilyana Pavlova, Marco Elio Rottigni, Marco Trevisan, Sarajevo, Upi Banka, Western Balkans

EIB finances 150 schools in rural areas of Morocco

02/17/2022 | Society / Institutions

MOROCCO. The European Investment Bank is providing a €102.5m loan to help finance a national programme to build 150 community schools and their ancillary infrastructure in rural areas of Morocco.

Chakib Benmoussa, education, EIB, EU, European Investment Bank, European Union, Flavia Palanza, Morocco, Nadia Fettah Alaoui, Patricia Pilar Llombart Cussac, schools

The EU releases €1.6 billion to support the green and digital transition in Morocco

02/10/2022 | Environment

MOROCCO / EU. As part of its new Global Gateway strategy launched in December 2021, the European Union will invest €1.6 billion in the green and digital transition in Morocco.

The specialist in reprogrammable semiconductors Menta obtains €7.5 million from the EIB

02/03/2022 | Industry

FRANCE. To support its growth, Côte d'Azur company Menta, which concentrates all the components of a computer on a single chip, has signed a €7.5m financing agreement with the European Investment Bank.

The EIB lends €300m to "green" the port of Genoa

12/14/2021 | Society / Institutions

ITALY. The European Investment Bank is granting a framework loan of €300 million to the Autorità di sistema portuale del Mar Ligure occidentale to accompany investments in the port of Genoa.

Autorità di sistema portuale del Mar Ligure occidentale, EIB, European Investment Bank, FuoriMuro, Gelsomina Vigliotti, Genoa, Italy, Liguria, port, Port Infrastructure Fund, portuary, Pra', Savona, Supplementary Fund of the Recovery and Resilience Mechanism, transport, Vado Ligure

"The integration of Mediterranean countries into global value chains will keep us busy for several years"

11/30/2021 | Society / Institutions

MEDITERRANEAN. The general delegate of Anima Investment Network, Emmanuel Noutary works with his team on the post-Covid period to favour relocations in the Mediterranean.

Alliance One, Anima, Anima Investment Network, Business France, EIB, Emmanuel Noutary, Euromed Cluster Forward, FD, integration of Mediterranean countries in global value chains, Marseille, Mediterranean, Provence-Alpes-Côte d'Azur Region, relocation, relocations in the Mediterranean, Tarak Chérif

LCL and EIB to lend €200m to healthcare professionals

10/29/2021 | Services

FRANCE. LCL and the European Investment Bank have signed a partnership agreement to open a €200 million credit line dedicated to independent health professionals or those working in small or medium-sized businesses.

bank, Crédit Agricole, EIB, European Investment Bank, France, health, health professions, LCL, Paris Agreement, pharmacies, PLS, Yann Lhuissier

Algeria joins the EBRD as a shareholder

10/25/2021 | Society / Institutions

ALGERIA. Algeria becomes the sixty-third shareholder of the European Bank for Reconstruction and Development (EBRD) and will be able to benefit from its financial aid and support for its reforms.

ArcelorMittal obtains €280 million from the EIB to finance its research in Europe

09/28/2021 | Industry

EUROPEAN UNION. On Monday 27 September 2021, the European Investment Bank (EIB) granted ArcelorMittal a €280 million loan. This envelope will be used "for research and innovation in support of the steel group's decarbonization objectives", as stated in a statement by the institution. "It will help...

Where does the Euro-Mediterranean Partnership stand?

07/01/2021 | Reflections

The European Union, which has been present in the Mediterranean since the 1970s through its financing of third countries, had significantly improved its offer...

Barcelona Agreements, Barcelona Partnership, EIB, EU, Euromed IHEDN, European Investment Bank, European Union (EU), Henry Marty-Gauquié, Itzhak Rabin, Mediterranean, MPC, Oslo Accords, UfM, Union for the Mediterranean (UfM), Yasser Arafat