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Europe Daily Bulletin No. 10421

19 July 2011
Contents Publication in full By article 32 / 37
GENERAL NEWS / (ae) eu/mediterranean
Eight years of FEMIP

Brussels, 18/07/2011 (Agence Europe) - The European Investment Bank (EIB), proudly announcing a “record year” in 2010, with loans worth €2.6 billion granted to the Mediterranean countries, also highlights the consolidation of the role of its subsidiary, the Facility for Euro-Mediterranean Investment and Partnership (FEMIP) since it was set up in 2002.

From its first year of operation until 2010, FEMIP provided loans totalling €12 billion. Three countries far outstrip the rest:...

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