March 3, 2026. Today the European Investment Bank Group (EIB Group), composed of the European Investment Bank (EIB) and the European Investment Fund (EIF), and Cassa Depositi e Prestiti (CDP), Italy’s National Promotional Institution, have signed a renewed Memorandum of Understanding (MoU) aimed at deepening their strategic cooperation in support of Italy’s long term development and the European Union’s policy objectives. The MoU was signed, in the presence of EIB President Nadia Calviño, by EIB Vice President Gelsomina Vigliotti, EIF Chief Executive Marjut Falkstedt and Chief Executive Officer and General Manager of Cassa Depositi e Prestiti Dario Scannapieco in Luxembourg during the EIB Forum, underscoring the shared commitment of both institutions to strengthening their partnership at a key moment for Europe’s investment agenda.
Building on the successful collaboration established under the previous MoU signed in 2022, the new agreement expands joint efforts to promote high impact public and private investment in sectors essential to Italy’s growth and competitiveness. These include social and sustainable infrastructure, innovation, digitalisation, climate mitigation and adaptation, support for SMEs and mid caps, economic security and strategic autonomy, and cohesion across Italian regions, including those most in need of targeted support.
“This renewed agreement marks an important step forward in our partnership with CDP. By combining our expertise, financial capacity and long term strategic vision, we can support Italy in key areas such as climate action, digital transformation, social infrastructure and support for smaller businesses. Together, we are strengthening our ability to address current challenges and to seize new opportunities for sustainable, resilient and inclusive growth, both in Italy and in partner countries where our cooperation continues to expand,” said EIB Vice President Gelsomina Vigliotti, who oversees the Bank’s operations in Italy.
“Europe is a powerhouse with a crucial role on the global scene, and it is important that it acts as a system. Our long-standing partnership with the EIB enables us to leverage up high-impact initiatives and channel more financial resources where they can generate lasting economic and social value. The agreement also strengthens CDP's capacity to contribute to sustainable and resilient growth in Italy and beyond, translating a strategic vision into concrete investments", said Chief Executive Officer and General Manager of Cassa Depositi e Prestiti, Dario Scannapieco.
The strengthened partnership is aligned with CDP’s 2025–2027 Strategic Plan and the EIB Group’s 2024–2027 Strategic Roadmap. It establishes a comprehensive cooperation framework designed to enhance the planning, origination and implementation of projects both within Italy and internationally. The institutions will work together to optimise the use of regional, national and EU resources, including through advisory platforms, EU mandates and financial instruments, InvestEU, and other mechanisms that reinforce Italy’s capacity to design and deliver high quality, future proof investments.
The MoU foresees coordinated action to develop new lending models, reinforce advisory services and accelerate investment pipelines in priority sectors, while ensuring strong alignment with national and European strategies. Cooperation will also extend to EIB Global, the EIB’s development arm, with a focus on delivering high impact initiatives in partner countries and contributing to Italy’s international commitments in areas such as climate protection, sustainable infrastructure, access to essential services and private sector development.
To facilitate this expanded cooperation, the MoU establishes a dedicated coordination structure to ensure a regular and strategic flow of information and provides for staff exchanges and specialised study visits to deepen institutional knowledge and operational synergies.