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News

€2 Million Boost: Luxembourg Strengthens FEMIP’s Reach in MENA

On 6 December 2025, Luxembourg reaffirmed its commitment to global development by contributing €2 million to the European Investment Bank (EIB)-managed FEMIP Trust Fund. The new funding brings the total size of FEMIP to €72 million — reinforcing the fund’s ability to deliver technical assistance across the Middle East and North Africa (MENA) region.  The FEMIP Trust Fund, originally established in 2004, supports project preparation and implementation in non-EU countries bordering the Mediterranean. So far, it has backed nearly 100 grant operations, which in turn have facilitated close to €6.7 billion in total investments, including €3.8 billion provided by the EIB through loans.  According to EIB President Nadia Calviño, Luxembourg’s latest contribution strengthens the institution’s capacity to back infrastructure, social programs, and sustainable-development projects in a region that needs stability and growth. The Luxembourg Finance Minister Gilles Roth said the move underscores the country’s long-standing role as a major donor, and aligns with broader EU goals of fostering economic resilience, social inclusion, and opportunity beyond Europe’s borders.  Read more - europeansting.com/2025/12/08/luxembourg-contributes-e2-million-to-eib-managed-femip-trust-fund-for-projects-preparation-and-implementation-in-the-mena-region  Join the community of your own - #1 homegrown LuxExpats app SignUp Free : luxembourgexpats.lu

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