European Investment Bank (EIB) announces the launch of the 'Tech EU' program to strengthen the European technology sector

The 'Tech EU' program aims to help position Europe in the global technology race, helping it compete more effectively with the United States and China in critical areas such as clean energy and digital innovation. The planned €70bn investment is expected to attract a further €250bn in private funding, bringing the total capital mobilized to €320bn. The initiative will cover key areas such as supercomputing, artificial intelligence, digital infrastructure, critical raw materials, green technologies, health, security and robots.