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European Investment Bank approves 7.9 billion to boost green transition and global partnerships

25 articles·20 sources·updated about 2 months ago·View in graph

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2 months · 26 summary articles

  1. EU polls show 66 of Europeans now back UK rejoin bid

  2. Greece launches 150 child payments and 72-month aid amid rising living costs

  3. EU far-right surges as Estonia resists tax hikes, Poland passes windfall tax

  4. EU approves Hungarys 10bn recovery plan: funds hinge on 55 reforms

  5. Swiss Parliament approves VAT hike to fund 13th state pension

  6. Ibex 35 hits record highs as Santander briefly overtakes Inditex

  7. EU leaders agree on single national plans to streamline 2 trillion budget

  8. EU warns Big Tech: align AI data centres with climate goals or face market exclusion

  9. Rainer Nowak elected president of Austrias newspaper association as media faces digital challenges

  10. Russia ramps up war spending as Bulgaria hikes debt to fund defense

  11. EU leaders rally behind Romania amid political turmoil as competitiveness and enlargement dominate Brussels summit

  12. EU warns Big Tech: AI data centres must meet climate goals or face penalties

  13. UniCredit plans to double stake in Generali to 12 via Delfin

    Continuation
  14. EU accelerates accession talks with Ukraine and Moldova as reforms stall in Balkans

  15. Hungarian wealth tax plan falters as study questions feasibility of 300600 billion forint target

  16. Portugal fast-tracks wind and solar permits to meet EU climate targets

    Continuation
  17. Slovakia secures 2.3bn EU loan for military modernisation amid regional tensions

  18. Councils race to secure 1 billion housing funding before June 30 deadline

  19. EU sets July 2026 UK summit to reset post-Brexit ties amid mobility disputes

  20. Social media overtakes TV as top news source for under-35s

  21. Turkic leaders unveil non-binding roadmaps to boost regional trade and energy ties

  22. European banks consolidate amid fintech and cybersecurity pressures

  23. EU automakers push 'Made in Europe' plan as climate policies face rollback

  24. Modis Slovakia visit signals Indias Central Europe pivot as G7 summit looms

  25. Fed braces for hawkish shift as Warsh's first meeting looms

  26. European Investment Bank approves 7.9 billion to boost green transition and global partnerships

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The European Investment Bank on Thursday approved €7.9 billion in fresh financing to accelerate innovation, sustainability and global partnerships, marking the largest single-year commitment in its history. The funds will target green transition projects, digital infrastructure and strategic alliances with partners in Africa, Asia and Latin America, the EIB said in a statement .

Vice-President Robert de Groot, on his first official visit to Istanbul, separately announced €200 million in new financing to support Türkiyes green transition and signalled the bank’s interest in modernising the country’s railway network . The twin announcements underscore the EIB’s pivot toward large-scale climate and connectivity investments across Europe and beyond.

Meanwhile, corporate lobbying expenditure in Brussels has surged to at least €382 million per year, according to two NGOs whose latest report shows a 7% increase from 2025 . Big Tech, finance, energy and chemicals groups are the biggest spenders, with Apple alone quadrupling its Brussels lobbying budget to €73 million . Critics warn the influx risks skewing EU policy in favour of vested interests.

In Romania, a Croatian private-equity fund that drew capital from the country’s National Recovery and Resilience Plan has acquired Seatbelt Consulting, the market leader in occupational health and safety services . Provectus Capital Partners, which benefited from PNRR funds, now controls the Bucharest-based firm, raising questions about the use of recovery money in cross-border takeovers.

Elsewhere, Abu Dhabi’s Masdar is deepening its Spanish renewables footprint by paying €150 million to Repsol for wind and solar assets, following earlier purchases from Endesa and Brookfield . The deal adds to a wave of Gulf capital flowing into Europe’s energy transition.

European tech funding rebounded in May to €10.5 billion, driven by mega-rounds despite a drop in deal volume . Samsung and LVMH led a €73 million Series A in Theker, an AI-powered industrial robotics start-up, alongside Inditex and CRV .

A Canadian-backed developer plans to build a €500 million defence and logistics park in central Lithuania, signalling new industrial corridors in the Baltics . The project underscores NATO’s push for resilient supply chains across Eastern Europe.

Against this backdrop, a group of wealthy EU countries has launched a rebellion against minimal cuts to the bloc’s €2 trillion seven-year budget, complicating negotiations over fiscal discipline . The dispute highlights tensions between frugal states and those seeking to maintain high levels of public investment.

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