Armenia's Minister of Territorial Administration and Infrastructure David Khudatyan discussed the financing of various programs in the country during a meeting with a delegation from the European Investment Bank (EIB) headed by Matteo Rivellini.

Chipmaker STMicroelectronics announced on Thursday that it has established a €1 billion ($1.2 billion) credit line with the European Investment Bank (EIB).

The European Investment Bank (EIB) has expressed a keen interest in backing projects in Azerbaijan focused on green energy, green hydrogen, smart transport, municipal infrastructure, energy transmission, and energy efficiency.

The European Investment Bank (EIB) has expressed its commitment to supporting Azerbaijan’s sustainable development within the framework of the European Union’s Economic and Investment Plan for Azerbaijan.

The European Investment Bank (EIB) has provided €55 million in EU guarantee-backed funds under the Ukraine Recovery Programme to reconstruct hospitals, social housing, educational facilities, heating, water and waste systems, and other critical social infrastructure in 2025 and beyond, News.az reports citing foreign media.

In a much-anticipated report on the 27-nation EU's economic competitiveness, originally due in June, Mario Draghi has called for joint borrowing and much more collaboration among member states to compete with Washington and Beijing. The former prime minister of Italy and ex-president of the European Central Bank (ECB) also urged EU leaders to invest €800 billion ($883 billion) annually to boost growth, News.Az reports citing Deutsche Welle.

Simon Stiell, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), met with the leadership of the European Investment Bank (EIB) to discuss climate financing in preparation for COP29.