Executive Vice-President Ribera to participate in roundtable with EIB Group on private investments for a resilient and decarbonised European industry
Executive Vice-President Teresa Ribera and European Investment Bank (EIB) President Nadia Calviño hosted today a roundtable in Brussels with key financial and industrial stakeholders to discuss how to mobilise private investments for a resilient and decarbonised European industry.
The European Commission and the EIB Group have agreed to simplify the application of State aid rules to EIB Group financing. This a key step to further facilitate support for European industry and strengthen the EU’s economic competitiveness.
This agreement comes in the context of the new State aid framework supporting the Clean Industrial Deal (CISAF). It aims to enhance the EIB Group’s capacity to mobilise investments that advance EU strategic objectives, while fully safeguarding the integrity of the Single Market.
The agreement confirms that financing provided by the EIB Group from its own resources falls outside the scope of EU State aid rules. It also facilitates joint investments by Member States and the EIB Group, while accelerating the roll-out of the InvestEU programme.
Executive Vice-President Teresa Ribera said: “This agreement shows how we are aligning our tools to make Europe’s clean industrial transition faster, smarter and more competitive. By clarifying how State aid rules apply to EIB financing, we are unlocking more joint investments, accelerating the rollout of strategic projects, and reinforcing our Single Market.”
