Agriculture and bioeconomy: EIB approves €700 million of financing under the Investment Plan for Europe amid coronavirus pandemic

Agriculture and bioeconomy: EIB approves €700 million of financing under the Investment Plan for Europe amid coronavirus pandemic

Financing is guaranteed by the European Fund for Strategic Investments (EFSI) and will help make the sector more resilient in light of Covid-19
New financing targets investments by private cooperatives and companies in the agriculture and bioeconomy sector
The EIB programme loan will amount to €700 million and is expected to back close to €1.6 billion of investment across Europe (...)