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Europe Daily Bulletin No. 10877

29 June 2013
EUROPEAN COUNCIL / (ae) economy
EIB asked to help ease cash flow woes

Brussels, 28/06/2013 (Agence Europe) - EU27 heads of state said at the European summit that they want to restore normal lending conditions to the economy and facilitate the financing of investment, particularly for small and medium-sized enterprises because they are the main job creators. This might be achieved through the European Investment Bank (EIB) and the heads of state decided to launch an investment plan to this effect.

The investment plan will be largely based on the EIB's work and...