Lisbon, March 12, 2026 (Lusa) - The European Investment Bank (EIB) will strengthen its commitment to housing projects in Portugal with a €1.5 billion package focused on social housing, the group's president announced on Thursday.

"We are planning to increase our commitment to housing with a €1.5 billion package now focused on social housing," said EIB President Nadia Calviño today at the presentation of the group's 2025 results in Lisbon.

She signalled that this reinforcement is expected to be approved in March, "with a strong emphasis on adapting existing buildings so that these social housing units can be made available throughout the country as quickly as possible".

According to the head of the EIB's representation in Portugal, João Fonseca Santos, after approval, some of the projects can already be financed with this reinforcement, and some of these are already at an advanced stage of maturity to support the Government's social housing plan.

The Minister of Finance, who was also present at this presentation, stressed that today's event was "another opportunity to deepen" collaboration with the EIB, with "new and important projects in the pipeline".

At this point, it is also important to "say that European financial instruments, within the next multiannual financial framework, continue to effectively serve national and Union objectives," said the minister.

The EIB is the EU's financial institution, owned by the Member States, that provides funds (loans on favourable terms) to address Europe's economic, social and geopolitical challenges.

MES/ADB // ADB.

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