EIB okays €9bn in new funding to boost EU defence tech leadership
LONDON, 14 days ago
The boards of directors of the European Investment Bank (EIB) and European Investment Fund (EIF) approved new operations totalling €9.1 billion to strengthen Europe’s security and defence, tech leadership and critical infrastructure.
“We continue stepping up investments in cutting-edge security and defence technologies and innovative businesses,” said EIB Group President Nadia Calviño.
“Our priority is clear: to support transformative projects that drive forward European technological leadership,” she stated.
The EIB Board approved €2.6 billion for transport projects and €2 billion for energy projects.-TradeArabia News Service
