Alerts Energy Infrastructure / Innovations Nuclear 27 February, 2024 7:35 am   

Domański: Poland’s atomic projects need the European Investment Bank

Europejski-Bank-Inwestycyjny-EBI.-Źródło-Wikicommons European Investment Bank. Source: Wikicommons

Support from the European Investment Bank (EIB – ed.) is necessary for key challenges, i.e. energy transition and nuclear power, as well as giant investments in the defense industry – admitted Finance Minister Andrzej Domański in a press release. He stressed that it would be particularly important for Poland to use all available financial instruments.

On February 23-24, 2024, an informal meeting of the ECOFIN Council was held in Ghent with the participation of Minister of Finance Andrzej Domański and Deputy Minister Paweł Karbownik. The key discussions focused on the capital market, the competitiveness of the European economy and investments in green transformation, artificial intelligence and defence. In this context, the role of the European Investment Bank (EIB) was discussed. Its new president, Nadia Calviño, set out her vision for the future of the EU public lender. In the opinion of the Polish delegation, the Bank is a key international financial institution supporting the EU economy, whose activities should be supported and developed.

“Faced with unprecedented challenges, both internal and external, it is necessary to use all available financial instruments to strengthen our economy. On the one hand, we have the energy transition and the adoption of nuclear energy, on the other, we have huge investments in the defense industry. That is why we need the EIB to continue supporting us in these key challenges for Europe,” said Finance minister Andrzej Domański, quoted in the ministry’s statement.

The second area of discussion was the deepening of the capital markets union. “We are working on the development of the capital market and the development of an ‘equity’ culture in Europe, which would unleash a huge savings potential and help finance investments so necessary for competitiveness, ” stressed minister Domański.

Ministry of Finance / Jędrzej Stachura