The European Investment Bank (EIB) announced Friday it is raising its financing ceiling to a record €100 billion to accelerate investments in defence, energy security and Europe’s technological leadership.
The new ceiling includes a 3.5% boost in financing for the security and defence sector, as well as over €11 billion for Europe’s power grids and storage. It also expands support for EU technological and industrial innovation.
“The unanimous support of our shareholders, the 27 member states, for our proposals to provide record financing for defence, energy security, and tech leadership shows the key role of the EIB Group in supporting Europe’s strategic priorities,” said EIB Group President Nadia Calvino.
In addition, the EIB is launching the "TechEU programme," the EU’s largest innovation financing initiative to date. It will provide €70 billion in EIB Group equity, quasi-equity, loans and guarantees for 2025-2027, aiming to attract private capital and generate at least €250 billion in investments.
TechEU will target key sectors such as supercomputing, artificial intelligence, digital infrastructure, critical raw materials, green industries like offshore wind, health, security and defense technologies, robotics and advanced materials. It will support companies from early-stage development to IPO.
Headquartered in Luxembourg, the EIB finances strategic joint projects across EU member states.
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At least two civilians were killed and 17 others injured after Russian forces shelled several settlements in Ukraine’s southern Kherson region, the regional prosecutor’s office said on Friday.
Spain’s Foreign Minister José Manuel Albares has publicly recognised the “pain and injustice” inflicted by his country on Mexico’s indigenous peoples during the colonial era, in remarks seen as a rare gesture of historical reconciliation between the two nations.
The World Health Organization (WHO) has warned that all known strains of the mpox virus remain in circulation, raising concerns about sustained community transmission if outbreaks are not quickly contained. At the same time, the newly identified clade Ib has now spread beyond Africa.
The United Nations has warned of a catastrophic humanitarian situation in Sudan after reports emerged of mass killings, sexual violence, and forced displacements following the capture of al-Fashir by the Rapid Support Forces (RSF).
Reliable sources have confirmed to AnewZ that the United States has asked Azerbaijan to join a Stabilisation Force in Gaza, as part of a proposed international mission to secure the territory.
Reports from CNN say the Pentagon has approved the provision of long range Tomahawk missiles to Ukraine after assessing its impact on U.S. stockpiles, while leaving the ultimate decision to President Trump.
Tanzanian police fired tear gas and live rounds on Thursday to disperse protesters in Dar es Salaam and other cities, a day after a disputed election marked by violence and claims of political repression, witnesses said.
Police in Dar es Salaam fired gunshots and tear gas on Thursday to break up renewed protests following a disputed general election, a Reuters witness said.
Russia launched a barrage of drones and missiles at Ukraine's energy infrastructure and other targets, forcing nationwide power restrictions and killing seven people, including a seven-year-old girl, Ukrainian officials said on Thursday.
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U.S. stocks were mixed late Wednesday as traders digested comments from Federal Reserve Chair Jerome Powell, who signaled that another interest rate cut in December is far from guaranteed. The Dow Jones Industrial Average and S&P 500 edged slightly lower, while the Nasdaq climbed on continued gains
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Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
Türkiye’s main stock index, BIST 100, closed on Friday at 10,941.79 points, recording a 3.14% increase.
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