Luxembourg-based European Investment Bank has approved €17.7 billion for semiconductor manufacturing, battery storage and key infrastructure. The package also included €4.2 billion under TechEU, which was designed to help EU technologies grow within Europe. Funding was directed to social housing in Belgium,climate-adaptation efforts in Italy and Germany. Support was also provided for rail upgrades in Spain and Hungary and for renewable-energy projects in France. Energy-network improvements were backed in Greece, Slovakia and Italy. The European Investment Fund has approved several transactions across Central, Eastern and South-Eastern Europe. These included new investment vehicles and a securitisation deal in the Baltics. The EIB Group has also supported clean-energy projects in Egypt and Tunisia, school construction in Benin and rail upgrades in Montenegro to advance wider global-partnership goals.