To counteract the unprecedented economic shock caused by the COVID-19 outbreak, the EIB Group, including the European Investment Fund, has proposed a plan to mobilise up to € 40 billion of financing.
Measures will go towards bridging loans, credit holidays and other measures designed to alleviate liquidity and working capital constraints for SMEs and mid-caps. The EIB Group will work through financial intermediaries in the Member States and in partnership with national promotional banks.
