• Publication information

    12 Feb 2024

    4 Pages (PDF/EN)

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    • France

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Description

The EIB Group experienced strong growth of 16% in France in 2023, with nearly €12 billion in long-term financing granted directly or indirectly to the private sector and local and regional authorities: €10.6 billion was provided by the EIB and €1.4 billion by the EIF, its subsidiary focused on SME financing. In Europe, France was the second-largest beneficiary of EIB Group financing, with around 100 projects financed. In a challenging economic environment, the EU public bank played to the full its role as a countercyclical financier through its loans supporting the energy transition, innovation and greater strategic autonomy in key sectors such as renewable energy, semiconductors and electric batteries.