European Commission and NIB expand InvestEU guarantee to include Norway and Iceland
The European Commission and the Nordic Investment Bank (NIB) have signed an InvestEU guarantee amendment whereby NIB becomes implementing partner also for Norway and Iceland. The addition of these two countries increases NIB’s total lending capacity under the Invest EU programme to EUR 994. This is expected to, in turn, mobilise public and private investments of around EUR 3 billion in total.Following the amendment, the EU guarantee under InvestEU can now be used by NIB to support projects in Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, Poland and Sweden. The extension