EU authorities raise EIB lending limit to record €100 billion in 2025

At the end of last week, EU governments decided to raise the European Investment Bank's (EIB) lending limit to €100 billion ($115 billion) for 2025. Additionally, the organization's funding for the region's defense industry may be tripled. Officials also prioritized backing the energy sector.

The newly set limit is not only €10 billion ($11.5 billion) higher than a year ago, but also €5 billion ($5.7 billion) above initial projections. The 2025 cap will be an all-time record for the EIB, according to Reuters.

The news agency's experts attribute the observed dynamics to the unpredictable policy decisions of the new US President. Donald Trump intends to reduce the long-standing American support for the continent's security. Such changes force local officials to increase funding for defense-related projects. Last year, €1 billion ($1.1 billion) was invested in the sector, and this year's figure will hit nearly €3 billion ($3.4 billion).