Brussels, 28/12/2004 (Agence Europe) - The European Investment Bank (EIB) has renewed two agreements for EUR 20 million each with Cofiloisirs S.A. and Natexis Coficiné S.A to co-finance projects relating to the production and distribution of audiovisual works for cinema and television in France and other EU countries. These agreements follow on from two similar operations arranged in 2001 and 2003, which enabled the EIB and the two specialist financial institutions to co-finance some 50 audiovisual productions (29 films and 21 TV films and TV series programmes) with production costs totalling almost EUR 500 million. A number of the projects financed were co-productions involving partners from several EU countries (France, Belgium, Italy, Spain, United Kingdom), which were distributed throughout Europe and, in some cases, outside the Union, in the United States, Canada, Japan and Australia.