EUROPEAN LITHIUM LIMITED, page-4217

The EIB announced today an extra 15b euros to promote the energy transition to renewables in the EU- bodes well, obviously, for EUR.

Smart Energy Y. Latief 13/7/23 said

"The European Investment Bank (EIB) has announced plans to increase its support package to the REPowerEU plan from€30 billion to €45 billion alongside an expanded eligibility scope for projects to better align with the EU Commission’s Green Deal Industrial Plan.

The EIB’s Board of Directors decided to raise the additional funds earmarked for projects aligned with REPowerEU – a plan designed to end Europe’s dependence on fossil-fuel imports – from the initial €30 billion ($33.5 billion) package announced in October 2022 to €45 billion ($50.2 billion). The decision was made at the EIB Group’s July meeting in Luxembourg".

https://www.smart-energy.com/finance-investment/eib-increases-repowereu-support-to-e45-billion/