An InvestEU 2.0 programme to continue contributing to driving growth and competitiveness in Europe. In parallel with the appointment of the new European Commission, the European Long-Term Investors Association (ELTI), chaired by CEO Dario Scannapieco, has proposed the new Commissioners a common goal on which to work, offering its assistance for the implementation of the investment stimulation policies needed to acquire the 800 billion euro a year indicated in Mario Draghi’s last report.
With this appeal, strongly supported by the Italian presidency and undersigned by 19 CEOs of European banks, the network of the biggest National Promotional Banks and Institutions in Europe reiterated its commitment to mobilising public and private sector resources for strategic projects with a specific focus on infrastructure, innovation and sustainability.
With a combined balance sheet total of 2.8 trillion euro and annual commitments of around 300 billion euro, 125 billion euro of which allocated to sustainable finance, the Association, made up of 33 European long-term financial institutions and the EIB, can play a crucial role in the economic and social future of Europe.
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