
In a conversation with the European Newsroom (enr), the President of the European Investment Bank (EIB), Nadia Calviño, indicated that the bank is likely to meet or surpass its goal of dedicating 5 percent of its EU financing to security and defense this year, which equates to approximately €4.5 billion.
The EIB has revealed that it significantly increased its funding for security and defense initiatives last year, reaching €4 billion, in response to a more unstable geopolitical climate.
Calviño spoke with the enr during the EIB’s annual Board of Governors meeting, as well as a gathering of EU ministers responsible for economic affairs, finance, and the EU budget in Luxembourg on Friday.
This interview was carried out by journalists from European Newsroom partner agencies dpa Deutsche Presse-Agentur GmbH and ANSA on behalf of the entire network.
Explore some of their reports here:
dpa (Germany): EU development bank continues to expand defense investment
ANSA (Italy): Calvino (EIB), ‘on track to exceed 5% target for defense financing’













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