07/03/2011 (Agence Europe) - Creation of first JESSICA fund in Andalucía. The European Investment Bank and the Junta de Andalucía announced on Friday 4 March 2011 that they have set up the first urban development fund under the EU's JESSICA programme (Joint European Support for Sustainable Investment in City Areas) to boost rehabilitation and urban development in the region. The fund will be managed by BBVA Bank. (O.L.)