Vice-President Kakouris' areas of oversight include the cohesion policy; financing of economic and social cohesion; advisory services (EIAH and JASPERS); IT and data governance; EIB Global (pre-accession policy and the Western Balkans Investment Framework (WBIF); development policy remains with Vice-President Fayolle and Vice-President Östros); financing operations in Bulgaria, Cyprus, the Czech Republic, Slovakia, Slovenia and the Western Balkans. Vice-President Kakouris is Alternate Governor of the EBRD and oversees future relationship with the United Kingdom, relations with the Vienna Initiative, the Black Sea Trade and Development Bank (BSTDB) and the Strategy for the Danube region.
EIB Group cohesion finance reaches record high, bringing opportunity where talent is
The European Investment Bank (EIB) Group exceeded its targets for cohesion financing across the EU in 2023, supporting projects to mitigate regional disparities. The third annual report on “EIB Group activities in EU cohesion regions” highlights how targeted support unlocks regional potential and has a direct impact on improving people’s lives. It also underlines that regional convergence across the EU requires more social investments and connectivity.