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European Commission and EIB sign $28bn bill targeted at digital infrastructure, energy

The cash will be used in projects across the Western Balkans and the Southern and Eastern Neighbourhood regions.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

May 11, 2022 | 12:10 AM BST

European Commission and EIB sign $28bn bill targeted at digital infrastructure, energy

President Hoyer speaks at signing ceremony with the European Commission on agreement to enable further investments worldwide. Source: EIB

The European Commission and the European Investment Bank (EIB) have signed a Guarantee Agreement through which the European Commission will support up to €26.7 billion (US$28 billion) of EIB financial operations.

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João Marques Lima

Founder and Editor, The Tech Capital

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