According to the European Investment Bank (EIB) Investment Survey (EIBIS) 2024 just released, four in five Hungarian firms invested in 2023 and this is similar to last year’s EIBIS findings. However, the investment outlook has fallen and is now negative with more firms expecting to reduce rather than increase their investment in EIBIS 2024. The […]

The Hungarian Development Bank (MFB) and the European Investment Bank (EIB) signed a financing agreement in Luxembourg on supporting projects aimed at increasing energy efficiency and the use of renewable energy sources, i.e. supporting the green transition, MFB announced on Wednesday. The EUR 100 million EIB loan will enable MFB to provide a wide range […]

The 2022 Municipality Survey by the European Investment Bank (EIB), covering 744 municipalities across the European Union, says 69% of municipalities lack experts with environmental and climate assessment skills, posing a serious problem for the implementation of local investment programs, including those in Hungary. This comprehensive survey provides unique insights into past and planned investments, […]

The European Investment Bank (EIB) provided climate finance totalling more than EUR 600 million in 2022 to accelerate the green transition in Hungary, the EIB reports. In 2022, the EIB’s operations in the country included financing for energy, transport and innovation, and small and medium-sized enterprises (SMEs) and mid-caps. Three-quarters of total financing signed across […]

Three-quarters of Hungarians say the war in Ukraine and high energy prices should accelerate the green transition, according to the latest yearly European Investment Bank (EIB) Climate Survey. After a challenging year in which Russia’s invasion of Ukraine sparked an ongoing energy crisis and accelerated inflation all over Europe, and a summer marked by record […]