European-union

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The EIB lends CHF 250m credit facility for the High Luminosity Large Hadron Collider (HL-LHC) – CERN – Geneva

With fostering innovation to support research of scientific excellence and innovation as one of its top priorities, the European Investment Bank (EIB) has decided to provide a CHF 250m credit facility for the High Luminosity Large Hadron Collider (HL-LHC) which is the CERN’s central project for the decade. This is the second EIB financing with CERN , following the successful loan (300 M€) signed in 2002 to finance the building of the Large Hadron Collider (LHC), the world’s largest and most p…


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EU Bank calls for partners to confront migration challenge and to support its new Economic Resilience Initiative

Speaking at the UN Summit for Refugees and Migrants in New York, President of the European Investment Bank Werner Hoyer has called for new partnerships to tackle the migration and refugee challenges. He also laid out the EIB’s new Economic Resilience Initiative for the Western Balkans and EU Southern Neighbourhood, endorsed by EU leaders three months ago. President Hoyer was participating in a special roundtable hosted by Queen Rania of Jordan.  “The current [refugee and migration] crises are…


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EU Bank calls for partners to confront migration challenge and to support its new Economic Resilience Initiative

Speaking at the UN Summit for Refugees and Migrants in New York, President of the European Investment Bank Werner Hoyer has called for new partnerships to tackle the migration and refugee challenges. He also laid out the EIB’s new Economic Resilience Initiative for the Western Balkans and EU Southern Neighbourhood, endorsed by EU leaders three months ago. President Hoyer was participating in a special roundtable hosted by Queen Rania of Jordan.  “The current [refugee and migration] crises are…




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European Investment Bank comment on misleading Climate Action Network report

The European Investment Bank (EIB) attaches great importance to engaging with civil society and ensuring that policies and lending activity reflect the recognition of the importance of climate action, that the EIB shares with a broad range of stakeholders. The EIB notes the publication of the “Connecting the dots” report by the Climate Action Network (CAN) and regrets that no effort was made by CAN to discuss the report with the EIB before publication. In support of the Paris Agreement, the E…


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Alenka Smerkolj, new Governor for Slovenia

On 14 July 2016, Ms Alenka Smerkolj, Minister without portfolio responsible for Development, Strategic Projects and Cohesion in the Slovenian Government since November 2014, was appointed Acting Minister of Finance following the resignation of Mr Dusan…



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EIB supports antimicrobial resistance research

The rise of drug-resistant infections and superbugs, which could kill 10 million people a year by 2050 (more than cancer kills today), is becoming a major threat. Antimicrobial drugs are becoming less effective and the world is not developing enough new solutions to keep up. If we don’t take action now, the global costs of facing this challenge in later stages could amount to around USD 100 trillion. The European Commission, the European Investment Bank and the European Federation of Pharmace…


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Stanley Mifsud, full member of the Board of Directors for the Republic of Malta

The Republic of Malta nominated Mr Stanley MIFSUD (CEO of the Malta Investment Management Co. Ltd – MIMCOL and Advisor to the Minister for Finance) for appointment as a Full Member of the Board of Directors of the EIB to succeed Mr Noel CAMILLERI, who had tendered his resignation. By letter dated 27 July 2016, the Board of Governors was invited to vote on the proposed appointment. The decision to appoint Mr Stanley MIFSUD was taken on 19 August 2016, the date on which the requisite majority o…