The President of the European Investment Bank (EIB), Werner Hoyer, gave an update on the evolution of the Bank's capital once the United Kingdom has once again become a third country on Tuesday 29 January, presenting the European Institution's 2018 Activity Report (see EUROPE 12172).
He welcomed the fact that the 27 Member States had agreed to inject additional capital so that the EIB's capital - now set at EUR 243.3 billion of subscribed capital - would not decrease with Brexit.