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Europe Daily Bulletin No. 9292

24 October 2006
Contents Publication in full By article 29 / 32
GENERAL NEWS / (eu) eu/euromed
European Commission assesses role of financial instrument (FEMIP) and does not totally rule out creation of regional development bank

Brussels, 23/10/2006 (Agence Europe) - The European Commission is proposing to Member States of the EU and Mediterranean partner countries three possible scenarios for ensuring the future financing of the private sector in the Mediterranean. One scenario includes the creation of a Euro-Mediterranean development bank based on the example of the EBRD (Eastern Europe), even though such an option could prove expensive. These three proposals follow an evaluation of the FEMIP (Facilié...

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THE DAY IN POLITICS
GENERAL NEWS
WEEKLY SUPPLEMENT