EIB Group activity in Austria in 2021

Description

Despite the continuing impact of the pandemic, the EIB Group, consisting of the European Investment Bank (EIB) and the European Investment Fund (EIF), obtained a good result in Austria 2021 again. At €1.6 billion, the financing volume was as high as the average for the years 2018 to 2020, although it remained slightly below the previous year's volume of €1.8 billion. The main driver for financing was the high demand for corporate liquidity in the wake of the Covid-19 pandemic, especially to mitigate the impact of the crisis on small and medium-sized enterprises (SMEs). The EIB provided €895 million for this purpose alone.