The President of the European Investment Bank (EIB), Nadia Calviño, stated it is “indispensable” for European Union countries to maintain financial stability in the current “uncertain” international context. Speaking on the sidelines of a conference in Madrid, Calviño addressed the importance of fiscal discipline amidst the economic pressures caused by the conflict in Iran. She emphasized the need for coordinated action among EU member states to ensure economic policy responses are effective. Furthermore, Calviño highlighted the urgency of strengthening Europe's strategic autonomy in energy to reduce dependence on fossil fuels, noting that the EIB will continue to play a key role in financing energy infrastructure. She also rejected the notion that Europe is a declining power, describing it instead as an economic, democratic, and technological superpower, while calling for calm regarding US trade tariffs.