login
login

Europe Daily Bulletin No. 10759

9 January 2013
ECONOMY - FINANCE - BUSINESS / (ae) eib
€10 billion capital increase confirmed

Brussels, 08/01/2013 (Agence Europe) - On Tuesday 8 January, the European Investment Bank announced that its shareholders, the 27 EU member states, have unanimously approved a €10 billion capital increase, which will be fully paid in. The capital increase will allow Europe's long-term lending institution to provide up to €60 billion, over a 3 year period, in additional lending for economically viable projects across the European Union. The EIB capital increase was decided in June 2012 as...