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Image header Agence Europe
Europe Daily Bulletin No. 11039
Contents Publication in full By article 27 / 34
ECONOMY - FINANCE - BUSINESS / (ae) economy

Inter-institiutional agreement on increasing EIF capital

Brussels, 14/03/2014 (Agence Europe) - On Friday 14 March, EU member states' representatives to the EU (COREPER) agreed on the participation of the European Union in the capital increase of the European Investment Fund (EIF), to restore normal lending to the economy, particularly small and medium-sized enterprises.

The European Union will buy 450 new EIF shares for a nominal value of €1 million each over a four-year period starting in 2014, explained the Greek Presidency in a press...

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