This week, the EIB Group president Nadia Calviño, had the chance to brief the Foreign Affairs ministers Council, who strongly endorsed our strategy outside the EU, with a particular attention to Ukraine. We are stepping up and accelerating investments to reinforce the energy sector and prepare for the winter, and to support the private sector, through new local currency credit facilities and export guarantees for European companies trading with Ukraine.
With commissioner Nicolas Schmit we discussed the positive economic impact of investments in health, skills and housing to make our economy stronger and more resilient.
At the Salzburg business Summit, we presented the report on closing the investment gap for scaling up innovative companies. Larger and deeper capital markets are crucial for Europe´s global competitiveness.
Our sustainability report, also published this week, shows the importance of EIB projects in reducing CO2 emissions.
We announced several new investments this week. In Italy, Finland and France, for onshore and offshore cable lines. In Portugal, for low-carbon airports. In Spain, for the high-speed train network in the Basque Country. In Belgium, the Netherlands and Romania, for rooftop solar panels and electric vehicle chargers. And in Greece, for SMEs and for solar farms.
Outside the EU, alongside the Inter-American Development Bank, we have launched the first ever debt for climate conversion to finance critical projects in Barbados.
Finally, we are so happy to see Kevin carrying the Olympic torch in Paris. Walking on his own two feet with an exoskeleton powered by artificial intelligence. This is a great example of how EIB projects are changing people’s lives.
Watch President Calviño's previous One week, one minute recaps.
