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Europe Daily Bulletin No. 8140

31 January 2002
Contents Publication in full By article 24 / 27
GENERAL NEWS / (eu) eu/lending
Commission considers changing Guarantee Fund mechanism to cope with increased volume of loans

Brussels, 30/01/2002 (Agence Europe) - On account of pressures to increase the volume of lending by the European Investment Bank (EIB), Euratom and the European Community (EC), the European Commission presented a Communication to Parliament and the Council on 21 January in which it considers changing the Guarantee Fund. If the MEPs and the Council endorse the guidelines set out in the Communication, the Commission will publish legislative proposals.

The Guarantee Fund covers lending in...

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