Description
In 2023, EIB Global, an investment arm dedicated to countries and regions beyond the European Union, set a new lending record of €1.2 billion in the Western Balkans. The majority of the financing was allocated to sustainable connectivity, followed by credit lines for SMEs, infrastructure projects in the sectors of health, education and skills, and water supply and sanitation. With €475 million in grants signed under the Western Balkans Investment Framework (WBIF) and Economic Resilience Initiative, EIB Global showcased the benefits of favourable financial arrangements and technical support in Team Europe partnerships.