On 11 December 2018, the Council endorsed the agreement reached with the European Parliament on the EU budget for 2019. The total commitments are set at €165.8 billion, which is an increase of 3.2% compared with the 2018 budget as amended over the past months. Payments amount to €148.2 billion, 2.4% more than in 2018.
EUR 320m loan for investments in priority transport infrastructure represents the second tranche of an approved EUR 670m lending package.
EIB and Croatian Rimac Automobili sign EUR 30 million loan for investment in research and development of electric vehicles and related components.
The European Investment Bank Group (EIB) signed a guarantee agreement with Croatian Bank Privredna Banka Zagreb (PBZ) to provide better access to finance to innovative Croatian small and medium businesses and mid-caps.
An EU project will deploy 10 new light electric vehicles in smart city Trikala to show citizens the benefits of driving three- and four-wheel electric vehicles in urban areas.
Improving mobility and transport is a cornerstone of European integration, but reduced investment in transport infrastructure has held back the modernisation of the EU’s transport network, according to a new landscape review by the European Court of Auditors.
30 November 2018 marks the official launch of the Sanremo site of the High V.LO-City project by the Mayor of Sanremo, Alberto Biancheri. Three fuel cell electric buses and their hydrogen refuelling infrastructure have been deployed in the city.