©VK Studio/Architectenbureau Robbrecht & Daem € 3.2 billion for COVID-19 public health, elderly care and targeted business support € 1.5 billon for clean transport, including electric vehicle, high speed rail and public transport Additional backing for higher education, renewable energy and urban development € 1.9 billion for health and private sector investment outside Europe The […]
The European Investment Bank is providing Spanish bank Banco Sabadell with a €96 million guarantee, allowing it to lend €576 million to SMEs and mid-cap companies in Spain. This financing agreement will benefit around 1,400 companies, which employ some 79,000 people. In addition, part of the loans must go to ‘green’ projects such as energy […]
The European Investment Bank (EIB) and immunotherapy company BioNTech SE today signed a €100 million financing agreement to support the development of BNT162, the company’s COVID-19 vaccine programme. BioNTech is the first European company to enter clinical testing, having started a clinical trial in Germany in April and a further clinical trial in the United […]
Today, the European Investment Bank signed a €50 million financing agreement with Israeli regenerative medicine company Pluristem – through its German subsidiary Pluristem GmbH – to help the company to advance the clinical development of its cell therapies and address a number of severe medical conditions. I n particular, it has recently treated several patients […]
The European Commission has approved a €140 million Portuguese aid scheme to support investment in research and development (R&D), testing and production of products that are relevant to the coronavirus outbreak, including vaccines, ventilators and personal protective equipment. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March. […]
The European Commission has approved a €140 million Portuguese aid scheme to support investment in research and development (R&D), testing and production of products that are relevant to the coronavirus outbreak, including vaccines, ventilators and personal protective equipment. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March […]
The European Commission has unlocked €1 billion from the European Fund for Strategic Investments that will serve as a guarantee to the European Investment Fund (EIF). This will allow the EIF to issue special guarantees to incentivise banks and other lenders to provide liquidity to at least 100,000 European SMEs and small mid-cap companies hit […]
New UNCTAD monitor documents countries’ latest investment policy responses to the economic fallout from the pandemic and reports on pre-crisis developments. UNCTAD’s latest Investment Policy Monitor (IPM) shows that investment policy responses to the coronavirus pandemic vary from country to country. They include measures supporting investors and domestic economies in general and policies to protect […]
Rushing to aid Europeans and their economy, the EPP Group, the largest force in Parliament, calls for EU-wide solidarity and has approved measures to counter the impact of the coronavirus. The EPP Group voted for 37 billion euros in aid and investment through the European Solidarity Fund and the Coronavirus Response Investment Initiative. It also […]
HIGHLIGHTS • The outbreak and spread of Coronavirus (Covid-19) will negatively affect global foreign direct investment (FDI) flows. With scenarios of the spread of the epidemic ranging from short-term stabilization to continuation throughout the year, the downward pressure on FDI will be -5% to -15% (compared to previous forecasts projecting marginal growth in the FDI […]
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