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coronavirus recovery

EU bank supports Europe’s green recovery from the pandemic

4 mins read

The FINANCIAL — In response to the coronavirus pandemic, the EIB quickly deployed a support plan to support the European economy and help meet the most urgent financing needs of regions and municipalities. Recognizing the key role of cities and regions in mitigating the pandemic’s effects, the EIB approved exceptional measures to enable a faster approval and disbursement of new loans and allow more flexibility for the use and increase of ongoing loans. To date, the EIB has approved nearly €25 billion in new financing for COVID-19-related investment to improve public health, strengthen public services and support affected companies. A…

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EU bank supports Europe’s green recovery from the pandemic

4 mins read

The FINANCIAL — In response to the coronavirus pandemic, the EIB quickly deployed a support plan to support the European economy and help meet the most urgent financing needs of regions and municipalities. Recognizing the key role of cities and regions in mitigating the pandemic’s effects, the EIB approved exceptional measures to enable a faster…