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Europe Daily Bulletin No. 12065

19 July 2018
ECONOMY - FINANCE - BUSINESS / Eib
EU Bank concerned that Commission will play a banking role in management of InvestEU fund post-2020
Brussels, 18/07/2018 (Agence Europe)

The European Investment Bank (EIB) is determined to play its role as the bank of the European Union in the management of the InvestEU fund, which is designed amongst other things to replace the European Fund for Strategic investments (EFSI),  post-2020.

“We are prepared to be part of this process (…). We are a banking institution and we intend to play this role in the framework of InvestEU as well”, said the President of the EIB, Werner Hoyer, on Wednesday 18 July, presenting the...

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