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Story summary
- The European Investment Bank Group and the 27 EU governments launched ETCI 2.0 in Belgium.
- ETCI 2.0 aims to mobilise up to €80 billion for more than 1,500 European scale-up firms.
- The initiative seeks €15 billion in commitments, with the EIB pledging €1.25 billion.
- Investors such as AltamarCAM, Azimut Holding, Banco Santander, BBVA, Danske Bank and Green Arrow Capital pledged support.
- Romania’s Finance Minister Alexandru Nazare said Romania was an early backer of the initiative.
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