Press secretariat

The European Investment Bank (EIB), headquartered in Luxembourg, is granting the two regional water management associations Emschergenossenschaft and Lippeverband (EGLV) a total of €500 million in promotional loans for climate adaptation and flood protection projects in the Emscher-Lippe region. The loan agreements were signed on Friday, 16 January by EIB Vice-President Nicola Beer and Chair of the Executive Board of EGLV Prof. Dr Uli Paetzel at the Hof Emscher-Auen former farmstead in Castrop‑Rauxel, near Dortmund. With a term of 30 years, the loans will help ensure that – despite the significant investments required for climate adaptation and flood protection – local charges remain affordable thanks to favourable interest rates.

The European Union (EU) and its bank, the European Investment Bank (EIB Global), have signed a 34 million euros investment grant to support the rehabilitation and expansion of Cabo Verde’s main ports and its main shipyard. This new grant complements 114 million euros in EIB financing signed in 2024 with the Republic of Cabo Verde. Together, the funding forms around 148 million euros on concessional financing package to enable strategic investments in port infrastructure.

The European Investment Bank (EIB) has signed a €100 million financing agreement with Piraeus Bank, marking a milestone transaction as the first ever EIB intermediated operation in Greece dedicated to supporting companies active in the security and defence sector.