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Capital increase for EIF boosts finance for COVID-19 impacted companies and strengthens support for green and digital transformation of the EU economy

The shareholders of the European Investment Fund (EIF) have approved a 64% increase in its total authorised capital from €4.5 billion to approximately €7.4 billion. With this decision, the General Meeting of shareholders – the European Investment Bank, the European Union represented by the European Commission and 38 public and private financial institutions – gave a strong signal to further extend EIF activity to support European businesses, in particular SMEs, through a series of innovative financial products.

This is not a CAPTIS article. Originally, it was published here.