€900m finance package to help Spanish SMEs hit by COVID-19 crisis

The European Investment Bank (EIB) is joining forces with Santander to provide financing on favourable terms to Spanish small and medium-sized enterprises (SMEs) and mid-caps affected by the economic impact of COVID-19. The EIB and the European Investment Fund (EIF) will subscribe several tranches...

Commission and European Investment Fund unlock €8 billion in finance for 100,000 SMEs

The European Commission has unlocked €1 billion from the European Fund for Strategic Investments (EFSI) that will serve as a guarantee to the European Investment Fund (EIF), part of the European Investment Bank (EIB) Group. This will allow the EIF to issue special guarantees to incentivise banks and...