Brussels, 20/09/2011 (Agence Europe) - On Tuesday 20 September, in Brussels, the EU Council of Ministers formally adopted a decision to grant a European Union guarantee to the European Investment Bank (EIB) in the event of losses resulting from loans to projects outside the EU. The text was the subject of a Council agreement on 18 July this year (see EUROPE 10421). It provides, essentially, that the maximum ceiling for EIB financing operations covered by the EU guarantee throughout the...