EIB official visit to Finland to discuss Investment Plan for Europe

Mr Sauli Väinämö Niinistö, President of the Republic of Finland and Mr Werner Hoyer, President of the EIB

EIB President Werner Hoyer and EIB Vice-President Jonathan Taylor met on 2 December in Helsinki the President of Finland Sauli Niinistö, Prime Minister Alexander Stubb and Minister of Finance Antti Rinne. The visit focused on the Investment Plan for Europe, announced by the European Commission and the EIB last week in the European Parliament, and the projects Finland seeks to promote through the Investment Plan (see Finnish government press release).

President Hoyer said after the meeting with Finance Minister Rinne: “The objective of the Investment Plan is to unlock EUR 315bn of investment to foster growth and competitiveness in Finland and in the whole European Union. Given the structure of the Finnish economy, and given the need to boost private sector productivity, the Finnish government is rightly focussing its attention to additional investment that supports innovation and productivity directly and indirectly - through supporting infrastructure in the ICT, transport and energy sectors that strengthens connections inside Finland but also between Finland and the rest of the EU.”

The EIB delegation met also the representatives of Finnish financial institutions to discuss future cooperation with the EIB Group.