At a special conference at the European Parliament in Brussels on 21 June 2017, EIB Vice-President Dario Scannapieco laid out the actions that the EU bank is taking to help manage migration to Europe and to tackle its root causes in Europe’s neighbourhood and beyond.
First EIB loan to a social housing project in Malta. A EUR 24,7 million financing to Malita investments was signed last 28 June, in Valletta, the Maltese capital.
The Economic Reform Support Program was supported by two single-tranche policy-based loans (or subprograms) amounting to $16 million: $10 million for Subprogram 1 and $6 million for Subprogram 2. The program aimed to provide short-term fiscal stimulus and support the government's long-term reform agenda for achieving higher economic growth and greater inclusion.
ADB's focus on financing infrastructure in India's lagging states helped promote inclusive economic growth, and was well aligned with the government's strategy of reducing disparities in poverty rates across states.
The Office of Evaluation and Oversight is an independent unit of the IDB, reporting directly to the IDB Board of Executive Directors. The Director of the Office of Evaluation and Oversight serves a critical role in leading the planning, implementation, and supervision of the Office's vision, goals, strategies, and work plan towards independently and objectively assessing and enhancing the efficiency, relevance, and impact of the operations of the IDBG.
In 2016 the EIB Group provided funding totalling over EUR 83.8 billion to support investment across Europe and around the world. This will help finance projects worth around 280 billion euro. The European Investment Bank (EIB) expects 2017 to be another strong year, building on its robust performance in 2016. The Board of Governors welcomed EIB´s role in strengthening competitiveness and boosting growth and jobs and approved the bank’s accounts for last year.
The EIB is providing a long-term loan of EUR 100 million to finance small to medium-sized priority projects upgrading municipal infrastructure in Tallinn. The loan agreement with the Municipality of Tallinn was signed on Friday May 19th.
