Economy & Trade
EU Ministers Back EIB Strategy for Security and Tech
EU Finance Ministers, acting as the Board of Governors of the European Investment Bank (EIB), have formally endorsed the bank's new strategic direction. The strategy focuses on bolstering Europe's security, competitiveness, and strategic autonomy. This includes increased investment in defence technologies, critical raw materials, and green energy to reduce dependencies on other global powers. The EIB Group will now operationalise this high-level strategy through its future financing decisions across the Union.
The EU's public bank will now prioritise investments in defence, security, and strategic tech.