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Image header Agence Europe
Europe Daily Bulletin No. 10646
ECONOMY - FINANCE - BUSINESS / (ae) eib

EIB welcomes prospects of new capital

Brussels, 02/07/2012 (Agence Europe) - Following the European summit on Thursday and Friday, the European Investment Bank (EIB) issued a press release stating that its shareholders, the 27 EU member states, have recommended that fully liberated capital be increased by €10 billion.

This new increase in fully-liberated capital will enable the EIB to raise up to €60 billion for new long-term loans for economically viable projects in the European Union over the next few years, it explains...

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