On Tuesday 27 June, European Investment Bank (EIB) President Werner Hoyer highlighted the complex links between the United Kingdom and the Bank and expressed the view that these links will not be cut overnight, once the UK leaves the European Union.
Asked about how the EIB views Brexit, Hoyer stated that the bank will adapt “to the loss of a strong member”. After Brexit, the United Kingdom will no longer be part of the EIB, whose only shareholders are EU member states. France, Germany,...