Lorenzo Squintani
- European Investment Bank
- Communication Department
- Via Sardegna 40
- I-00187 Roma
- Italy
The European Investment Bank (EIB) approved a financing package of €260 million to support the Maltese government’s investments aimed at fostering a smarter, greener, and more resilient economy. The first €130 million tranche was signed this morning in Valletta by Clyde Caruana, Minister for Finance, and Kyriacos Kakouris, EIB Vice-President. This landmark agreement will help Malta co-finance initiatives that receive grants through the European Union budget for the 2021-2027 period, advancing strategic investments in critical sectors that drive economic growth, job creation, and social cohesion.
Almost all companies in Malta – 96% – have taken steps to reduce greenhouse gas emissions, above the average in Europe, according to a European Investment Bank (EIB) Group survey. And almost three-quarters of Maltese businesses have embraced digital technologies, in line with the European Union share, new country results from the EIB Group Investment Survey (EIBIS) show.
The European Investment Bank (EIB) Group is marking a new chapter in its long-standing partnership with Malta with the opening of an office in the country. EIB Group President Nadia Calviño, joined by Minister for Finance Clyde Caruana and Permanent Secretary for the Ministry Paul Zahra, made the announcement at an event today in the capital Valletta.