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EU bank

EIB and Mediocredito Centrale provide €50 mln for Italian SMEs and mid-caps

2 mins read

The FINANCIAL — The European Investment Bank (EIB) and Mediocredito Centrale (MCC) are providing €50 million to help Italian small and medium-sized enterprises (SMEs) and mid-caps to face the COVID-19 crisis. An agreement to this end was announced today by the EU bank and the Italian public sector bank dedicated to supporting smaller companies mostly in southern Italy. Under the agreement, the EIB will make €50 million available to MCC for SMEs (businesses with up to 250 employees) and mid-caps (up to 3 000 employees). The new credit line, aiming to address the ongoing crisis, provides financing for new investment projects with a maximum term of…

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EIB and Mediocredito Centrale provide €50 mln for Italian SMEs and mid-caps

2 mins read

The FINANCIAL — The European Investment Bank (EIB) and Mediocredito Centrale (MCC) are providing €50 million to help Italian small and medium-sized enterprises (SMEs) and mid-caps to face the COVID-19 crisis. An agreement to this end was announced today by the EU bank and the Italian public sector bank dedicated to supporting smaller companies mostly in southern Italy. Under…

EIB and IFD finance elderly care infrastructure upgrade with €200 mln

5 mins read

The FINANCIAL — The European Investment Bank (EIB) and the Instituição Financeira de Desenvolvimento (IFD) have joined forces to finance a €400 million investment programme aimed at upgrading infrastructure for long-term and elderly care across Portugal, involving approximately 150 projects. The funds will be channelled to third-sector entities already providing services for the elderly in…

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…