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EIB under pressure to finance European defense

2024-02-08T15:33:41.172Z

Highlights: EIB under pressure to finance European defense. New president, former Spanish Economy Minister Nadia Calviño, is facing increasing demands to reorient her strategy in this direction. Seventy years after the rejection of defense Europe promoted by… This article is reserved for subscribers. You have 82% left to discover. Flash sale -70% on digital subscription I ENJOY IT Already subscribed? Log in Log in to your account. The Forum of the European Investment Bank (EIB) is headquartered in Luxembourg.


DECRYPTION – The president of the European Investment Bank, Nadia Calviño, is faced with new priorities.


Luxembourg

Should the European Union's "climate bank" now become a defense bank?

The pressure to finance the growing military investments of the Old Continent has agitated the Forum of the European Investment Bank (EIB), a large rally organized Wednesday and Thursday in Luxembourg, where this institution, little known but increasingly in demand, is headquartered. The union.

Its new president, former Spanish Economy Minister Nadia Calviño, who arrived at the beginning of January, is facing increasing demands to reorient her strategy in this direction.

The President of the European Council, Charles Michel, who represents the twenty-seven member states, traveled from Brussels to “

insist on the need to invest more in our security and our defense”.

Also read: Ambroise Fayolle: “Europe’s industrial sovereignty is at stake now”

According to him, this is a “

pillar

” of “

our European sovereignty”

and should be an integral part of the single market.

Seventy years after the rejection of defense Europe promoted by…

This article is reserved for subscribers.

You have 82% left to discover.

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Source: lefigaro

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