During the meeting of presidents of institutions associated in the European Association of Long -Term Investors (Elti), which took place in Warsaw, development banks of France, Germany, Italy, Spain, Poland and the European Investment Bank (EIBi) undertook to strengthen cooperation. The signatories include such entities as Caisse des Dépôts from France, Kreditanstalt für Wiederaufbau (KFW) from Germany, Cassa Depositi E Prestiti (CDP) from Italy, Instituto de Crédito Oficial (ICO) from Spain from Spain and BGK.
As BGK informed, joint actions are a response to contemporary geopolitical challenges and are part of a wider strategy for building a stronger European Union. The works are to focus on projects related to research, industrial innovations and infrastructure. – We are aware that the changing international situation requires Europe increasing defense capabilities and related innovation – summarized in the BGK message.
Development banks
Cooperating institutions, involved for many years in supporting the socio-economic development of their countries, have various experiences in the field of investment financing. An example is KFW, a German Development Bank, which only in 2024. provided funds with a total value of EUR 112.8 billion, adapting your actions to the Agenda 2030 United Nations. The Italian CDP, operating continuously since 1850 or ICO, financing both small and medium -sized enterprises, as well as large projects in Spain.
In turn, EBI, owned by EU Member States, coordinates investment financing in domains such as climate, technological innovation and security. – The European Investment Bank has long been supporting key projects for a stronger and more resistant Europe – indicated in the press material of the institution.
However, BGK, representing Poland in this initiative group, implements European funds at the national level, while supporting the export of Polish companies. In its operation, he focuses on workplaces, construction of apartments and pro -ecological activities.
