Pradales highlights the opportunity to work with the EIB to “strengthen public housing policy”

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The Lehendakari held a meeting with the President of the European Investment Bank, Nadia Calviño, at the institution’s headquarters in Luxembourg.

The lehendakari, Imanol Pradaleshas the possibilities for collaboration with the European Investment Bank (EIB) to “strengthen public housing policies and design new financial mechanisms that promote the establishment, growth and diversification of floating businesses in strategic industrial, scientific and technological sectors.”

Last Tuesday, Pradales held a meeting with the President of the European Investment Bank, Nadia Calvinoat the institution’s headquarters in Luxembourg. This meeting, which marks the beginning of the institutional journey towards the community institutions, aims to strengthen the presence and role of the Basque Autonomous Community in the forums in which European policies are designed.

After the meeting, Pradales emphasized the “importance” of incorporation new financial resources that make it possible to strengthen public housing policy in the context of the social transition.

In particular, he has emphasized “the ability to create instruments from”. public-private partnership where the EIB can play an essential role in expanding the public housing stock and promoting an offer that meets the needs of young people, as well as the challenges arising from access to housing in the Basque Country”.

“Housing is a pillar of social cohesion and through collaboration with the EIB we can provide innovative and effective answers to this challenge,” he assured.

She has concentrated on industrial and economic areas collaboration with the Basque Institute of Finance “design new financial mechanisms that promote the establishment, growth and diversification of leading companies in strategic industrial, scientific and technological sectors.”

As he pointed out, “this approach is in line with the guidelines of the Draghi and Letta reportwho advocate greater investment in innovation as a driver of transformation and economic development.”

Furthermore, during his meeting with Nadia Calviño, the Lehendakari showed his interest in the EIB’s new projects, such as the European Competitiveness Fundfocused on strategic technological investments, the Support fund for starting entrepreneurs grow, and Autonomous Resilience Fundfocused on sustainable investments in areas such as social housing, transport, energy transition and industrial competitiveness.

In this sense, he has stated that the instruments of the European Competitiveness Fund should also be accessible to small and medium-sized businesses, exploring formulas that guarantee their effectiveness and capillarity.

Source: EITB

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