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Image header Agence Europe
Europe Daily Bulletin No. 8172
Contents Publication in full By article 10 / 34
GENERAL NEWS / (eu) eu/mediterranean

EcoFin Council opts for a "Euro-Mediterranean Investment Facility" within the EIB, postponing a decision by one year on the creation of a subsidiary of the Bank

Barcelona, 15/03/2002 (Agence Europe) - The EcoFin Council reached a compromise solution for the creation of a Euro-Mediterranean Bank, after a meeting that lasted until the middle of the night in Barcelona on Thursday, chaired by Rodrigo Rato and in the presence of European Commissioner Pedro Solbes. It decided in favour of the initial creation of a "Facility" within the European Investment Bank, giving itself a year, following the launch of this Facility, to decide on whether or not to...

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