Press secretariat

The European Investment Bank (EIB) and UniCredit Bulbank Bulgaria today signed a guarantee agreement of €60 million that is expected to unlock new loans of nearly €200 million to support Bulgarian businesses suffering from the economic consequences of the COVID-19 pandemic.

The Board of Directors of the European Investment Bank (EIB) on Wednesday approved the cohesion orientation paper that sets out the new framework for the EIB’s cohesion action for 2021-2027. The Board, composed of representatives of all EU Member States, made more funding available for public and private sector projects in cohesion regions — those with a gross domestic product (GDP) per capita below the EU average. The decision also lays the foundation for increasing climate action and environmental lending in poorer regions, fostering innovation in cohesion regions and ensuring that EIB financing complements EU cohesion policy funds in the new seven-year EU budget. The EIB’s cohesion financing, advisory and fund management services aim to reduce regional disparities by supporting projects in the European Union’s poorer regions.

Le Conseil d’administration de la Banque européenne d’investissement (BEI) a décidé aujourd’hui d’intensifier le soutien ciblé aux investissements en faveur de l’adaptation aux changements climatiques dans le monde et de la politique de cohésion dans toute l’Europe. Il a également approuvé un cadre d’alignement sur les objectifs climatiques de l’accord de Paris pour les bénéficiaires des financements de la banque de l’UE. L’accord de Paris vise à contenir le réchauffement de la planète à 1,5 °C.