The European Investment Bank approved a total of EUR 12.6 billion of new financing for 83 projects located across Europe, Asia, Latin America and Africa. This represents a record level of new support ever agreed at a monthly meeting of the EIB Board of Directors.
The European Fund for Strategic Investments (EFSI) has mobilised €335 billion in additional investment across the EU since July 2015. The Juncker Plan has made a clear impact on the EU economy and revolutionised the way innovation is financed in Europe.
The European Commission’s plans to reduce EU funding for countries which show a lack of respect for the rule of law need better criteria and clearer safeguards for beneficiaries of EU programmes, according to an Opinion published today by the European Court of Auditors.
On 11 July 2018, EU ambassadors agreed the Council’s position on the 2019 EU draft budget in advance of negotiations with the European Parliament
INEA has selected 27 new projects under the Mobility for Growth, the Automated Road Transport, and the Green Vehicles calls.
Former Air France workers will receive EU aid worth €9,894,483 to help them to re-integrate into the labour market, following a plenary vote on Tuesday.
ELENA (European Local Energy Assistance) provides grants for project development assistance to public and private project promoters. It has already awarded around €120 million of EU support triggering €4.7 billion of expected investments on the ground in 21 countries.