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Europe Daily Bulletin No. 8146

8 February 2002
Contents Publication in full By article 16 / 34
GENERAL NEWS / (eu) eu/eib
Maystadt announces increase in his institution's capital for 2003 and hopes new "Euro-Mediterranean" bank will be created on basis of EIB structure

Brussels, 07/02/2002 (Agence Europe) - During the annual press conference of the European Investment Bank (EIB), on Thursday in Brussels, its president, Philippe Maystadt, announced a decision will be taken in June on the estimated 50% increase in the Bank's capital. Mr Maystadt considered, moreover, that it would be preferable for the new bank, set up to finance development projects in the Mediterranean, to be supported by the current EIB structures. He also welcomed the fact that, in 2001,...

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