EIB Group activity in Portugal in 2023

Description

In 2023, Portugal was once again one of the top ten recipients of financing from the EIB Group — made up of the European Investment Bank (EIB) and its subsidiary, the European Investment Fund (EIF) — in the European Union, in terms of its gross domestic product (GDP). Financing totalling €2.12 billion from the EIB Group represented 0.8% of Portugal's GDP.

The EIB made €1.8 billion available, primarily to support public and private sector promoters and boost climate action and environmental sustainability. For its part, the EIF, the specialised arm of the Group that provides financing solutions, guarantees and venture capital, contributed €366 million to foster innovation and stimulate the Portuguese economy.