On Friday 3 November, the European Institute of Innovation and Technology (EIT) announced that it had extended its memorandum of understanding with the European Investment Fund (EIF), a subsidiary of the European Investment Bank, by two years, from 2023 to 2025, following an online meeting between EIT Director Martin Kern and EIF Director General Marjut Falkstedt on Tuesday 17 October. The initial memorandum of understanding was signed in 2021.
The two institutions thus intend to extend...