The European Investment Bank Group, comprising the European Investment Bank (EIB) and its subsidiary, the European Investment Fund (EIF), provided close to EUR 1.9bn of new loans, guarantees and equity investment in Romania in 2017. More than EUR 1.3bn in loans came from the EIB and EUR 551m from the EIF in the form of guarantees and equity investments in small businesses to sustain their growth. The EIB Group’s support for Romania therefore represents some 1.04% of the country’s GDP, placing Romania fifth among EU Member States in this respect, and above the EU average of 0.46%. The group concluded four operations under the European Fund for Strategic Investments (EFSI), which is part of the Investment Plan for Europe.
The EE & RE exhibition is a platform for many local and foreign companies to showcase their eco-friendly solutions for energy production and consumption. The event has the format “exhibition-conference” and is open to visitors from the sectors of automation, energy, construction, engineering, different industry branches, representatives of municipalities and government administration, HVAC, lighting, transport and logistics, etc.
Highlights of the session included the second in a series of debates with EU leaders on the future of Europe, with Croatian Prime Minister, Andrej Plenković; and the debate and vote on the composition of the European Parliament after Brexit. The European Commission also made statements on fair taxation packages and the manipulation of scientific research by multinationals in the wake of revelations on emission tests on monkeys and humans by the German car industry. Parliament decided to set up a special committee on the Union’s authorisation procedure for pesticides (PEST). Parliament adopted agreed first-reading positions on, inter alia, a regulation on ending unjustified geo-blocking and two regulations on EU external action funds – among the priorities for 2018 in the Joint Declaration agreed by the Council, Commission and Parliament.