Inflation is declining steadily in the context of soft economic activity and a resilient financial sector. Against that background, the Bank of Canada has appropriately begun cutting policy rates. Canada’s public debt and deficits remain low in international comparison, and the recent introduction of quantitative fiscal objectives is welcome. That said, fiscal policy should be tightened, both to support the Bank of Canada’s efforts to bring inflation back to target and to rebuild buffers appropriately used during the pandemic.

Technical Assistance Report No. 2024/049

Sizable gaps in women’s economic empowerment undermine growth and exacerbate climate vulnerability.

The European Investment Bank (EIB) and Deutsche Kreditbank (DKB) have celebrated their almost 25 years long cooperation at DKB`s headquarter in Berlin, by signing a second cooperation that will support renewable energy projects of Small and Medium Enterprises (SME) in Germany.

The European Investment Bank (EIB), alongside the European Commission (EC) and the European Stability Mechanism (ESM), hosted the sixth Capital Markets Seminar on 5 and 6 June 2024, in a hybrid format.

The European Investment Bank (EIB) is providing €400 000 to Naftogaz, Ukraine’s national oil and natural-gas company, to make its activities greener. The technical support, financed by the EIB’s EU for Ukraine advisory programme, will help Naftogaz develop its decarbonisation strategy to align with EU climate policies.

The European Investment Bank (EIB) is lending Ukraine €100 million to reconstruct social municipal infrastructure damaged in the war against Russia. The funds, agreed at the Ukraine Recovery Conference in Berlin, will be for rebuilding schools, kindergartens, hospitals, social housing and local transport infrastructure as well as ensuring the supply of essential services such as clean water and sanitation.

The European Commission and European Investment Bank (EIB) Group have moved to support the private sector in Ukraine by seeking to unlock more than €1 billion in lending to small and medium-sized enterprises (SMEs).

The European Investment Bank (EIB) and European Commission have announced a €20 million agreement to extend advisory assistance for economic development in Ukraine. The €20 million envelope is financed 50/50 by the Commission and the EIB's EU for Ukraine advisory programme.