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The Latest Breaking News from EIB

World's first energy island: How Belgium built a switchboard in the North Sea

Princess Elisabeth Island's foundation works are now complete with the final caisson installed. The European Investment Bank provided a substantial green credit facility for electrical infrastructure. This artificial island will serve as a switchboard for offshore wind farms. Its design incorporates nature-inclusive elements for seabirds and marine organisms. The island…

The Economic Times

EU-backed electricity link to Cyprus stalls amid regional tensions

The nearly €2 billion Great Sea Interconnector subsea cable would connect Cyprus to the EU's electricity system and end Nicosia's energy isolation. However, Turkey's maritime ambitions and financing issues have been stalling the project, which was meant to become operational in 2024.

Euronews

Cyprus energy minister: Meridiam's entry into Great Sea Interconnector is 'vote of confidence'

Nicosia's final decisions will be based on the findings of the European Investment Bank, which will also determine the final cost of the Greece–Cyprus power interconnection project, Michalis Damianos said.

Euronews

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Low water levels: EU clears old Nazi warships from the Danube

Near Prahovo in Serbia, relics of the Second World War emerge when river levels are low. On the riverbed lie numerous wrecks of German warships scuttled by their crews in 1944 as they retreated from the Red Army.

Euronews

Uzbekistan’s Aral Sea shrank from the world’s fourth-largest lake to near extinction: A €100 million plan aims to send water back

The Aral Sea, once vast, has shrunk by ninety percent due to river diversion. International organizations now support Uzbekistan's efforts to improve water use and irrigation. Projects aim to reduce water losses and restore degraded lands through agroforestry. Uzbekistan is planting drought-resistant trees to stabilise dry land and reduce dust…

The Times of India

€3bn Airbus loan shows Europe reclaiming strategic autonomy, EIB boss tells Euronews

European Investment Bank President Calviño has told Euronews that her institution's €3 billion commitment to Airbus shows that Europe is "moving in the right direction" in an increasingly competitive world.

Euronews

EU-backed green bonds risk financing Chinese clean tech in third countries

The EU has launched a €15-20bn green investment fund to boost sustainable projects, but a good share of the money is set to go towards buying Chinese clean technologies – including the same high-risk power inverters Brussels is trying to phase out.

Euronews

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Safer grids, higher bills? EU's Chinese solar inverter ban reshapes renewable energy

Brussels moves to ban EU funding for clean energy projects that use solar and battery inverters from “high-risk countries”, namely China. Now, manufacturers must rely on European alternatives, which risks increasing European energy bills and production costs.

Euronews

Polish ecommerce major Allegro secures $275 million EIB loan for AI, research and development

The deal is the largest corporate R&D programme the EIB has backed in Poland and falls under the bank's TechEU initiative, which targets €250 billion ($291 billion) in new investment across Europe by ⁠2027.

The Economic Times

Middle East war shows 'Europe must reinforce its autonomy', EIB chief tells Euronews

European Investment Bank chief Calviño tells Euronews a world in disarray means Europe 'must enforce its strategic autonomy' faster. Europeans worry new energy shock stemming from the war in Iran could rattle industry again.

Euronews

Make the Saving and Investment Union a reality, Calviño tells EU leaders

The European Investment Bank president's intervention comes ahead of the Informal European Council in mid-February.

Euronews

EIB to frontload €3bn to mitigate impact of EU's carbon tax on road transport and buildings

The new funds come on top of €4 billion frontloaded to the Social Climate Fund, meaning a total of €7 billion will be available for EU countries before 2028.

Euronews

EIB spending on security and defence quadrupled to €4bn in 2025

Since 2024, the EIB has revised its lending policy several times to allow for greater financing of security and defence as EU member states looked at ways to prepare for a possible Russian attack.

Euronews

EU leaders face 'critical' moment at Thursday’s summit amid Trump's threats, Calviño says

The EU Summit on Thursday will be a critical meeting where leaders must demonstrate Europe’s 'superpower' ability to push back against Donald Trump, EIB President Nadia Calviño told Euronews.

Euronews

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Euronews

European Investment Bank Group backs Commission's AI gigafactory plan

With €20 billion in public funding and EIB support, the European Commission is planning giant AI facilities to give companies and startups access to the massive computing power they need to keep up in the tech race.

Euronews

Europe eyes investments in Africa into clean energy and infrastructure

European and African leaders met in Luanda during the EU-African Union summit where they pledged to increase trade in renewable energy and critical raw materials. Shortly before, European leaders met in Johannesburg for the G20, where the bloc struck a trade deal with South Africa.

Euronews

EU signs €400 million financial agreement for Palestine

The European Commission and the European Investment Bank (EIB) signed a financing facility with the Palestine Monetary Authority (PMA) to support the Palestinian private sector, amid rising tensions in the West Bank and East Jerusalem.

Euronews

EIB invests €17.5m to boost electric vehicle charging network across Greece and Cyprus

Funding supported by InvestEU will add 2,200 new EV chargers by 2029, boosting green mobility across Greece and Cyprus.

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Euronews

European Investment Bank triples its financial commitment to defence

With a new financial ceiling of €100 billion for 2025, the European Investment Bank (EIB) aims to invest in defence, energy networks and technology.

The Guardian - UK

‘It’s a critical time’: European farmers struggle through driest spring in a century

Extreme weather costs the EU about €28.3bn in lost crops and livestock per year, more than half the losses stem from drought

The Guardian - UK

Access to EU investment is reason enough to face down the Brexiters

Letter: Brian Unwin highlights just how much long-term financing has been lost through leaving the EU. But Fawzi Ibrahim says sovereignty is priceless

Euronews

Brussels hosts Syrian foreign minister for talks on country’s political and economic transition

The EU is hoping to rally further support for Syria’s fragile transition, days after sectarian violence erupted in the country’s coastal regions.

Radio France Internationale

EU leaders in Brussels to push for more security, defence funding

European Union leaders are gathering in Brussels on Monday to discuss boosting Europe's military funding in the face of multiple threats, including Russia's war on Ukraine – which is about to enter its third year.

The Guardian - UK

This timid ‘Ming vase’ strategy won’t turn Labour into a dynasty

Caution is understandable, but, if elected, Starmer and Reeves will need to make bold decisions on investment and Europe

Radio France Internationale

Why Europe is banking on Africa for its big-ticket investments

The European Union is investing heavily in Africa – pouring half of its global mega budget of €300 billion into projects on the continent. Renewable energy, internet access, transport, vaccines and education are several sectors benefiting from private and public EU funds – an effort that’s being supported by the…

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