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Despite increased dual-use investments: EIB will not become a defense bank

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Published: January 31st, 2025,
Last updated: May 28th, 2025

EIB President Nadia Calviño denies responsibility for arms financing in Europe.

The European Investment Bank (EIB) invested a record sum of EUR 89 billion last year. Sixty percent of this was invested in climate-relevant projects. This was announced by the EIB yesterday at the presentation of its annual report. Dual-use financing in the area of security and defense doubled last year, but remained relatively low at one billion euros.

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