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Image header Agence Europe
Europe Daily Bulletin No. 10074
Contents Publication in full By article 18 / 22
GENERAL NEWS / (eu) eu/eib

No bailout possible for EIB

Brussels, 09/02/2010 (Agence Europe) - In a press release published on Tuesday 9 February, the European Investment Bank (EIB) points to the strict framework for EU member state intervention. No bailout is allowed and the EIB will only finance economically viable projects, it states, as the debate surrounding the various options for helping the Greek economy grows. “The EIB's mission and Statute do not allow for bailouts in terms of budget deficits or balance-of-payments support to...

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