• 34ºc, Sunny

European Investment Bank calls on European Union to provide more "innovative" financing

The European Investment Bank (EIB) has called for increased European Union financing for innovation to strengthen the region's technology leadership in a report that highlights the "urgent need" to remove barriers to investment in order to direct funds to key sectors of the European Union market. Closing the financing gap for these companies is seen as key to advancing green technology, artificial intelligence (AI), and quantum computing technologies.