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Tag: European Investment Bank

Business
  • Anusha Zahid
  • May 23, 2025
EU launches €40 million investment in new defense fund to boost military capabilities

The European Investment Fund, which provides access to financing for small and medium-sized businesses, will contribute to a fund being raised by Keen Ventures Partners that is targeting €125 million, it said in a statement.

Business
  • Web Desk Karachi
  • Mar 07, 2025
ECB cuts benchmark interest rate to 2.5pc amidst weak growth, rising inflation

This reduction aligns with analysts’ expectations and will take effect from 12 March 2025. The interest rates on various facilities have also been adjusted: the deposit facility rate will decrease to 2.50 percent, the main refinancing operations rate to 2.65 percent, and the marginal lending facility to 2.90 percent.

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