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According to the new European Investment Bank (EIB) Investment Survey (EIBIS) 2023 released today at the World Bank IMF Annual Meetings, European firms are facing challenges amid pressing investment needs and increasingly stringent financial conditions across the region.
Companies have accelerated investments in energy efficiency, with 51% of EU firms investing in this area in the past year, thus responding to the energy price shock. Firms confirmed the crucial role played by internal finance buffers and policy support in sustaining investment levels. At the same time, 64% of firms have experienced losses due to climate change (7 percentage points more than the previous year). Only...
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