Brussels, 03/12/2008 (Agence Europe) - At the end of the Ecofin Council in Brussels on Tuesday 2 December (EUROPE 9795), Philippe Maystadt, the president of the European Investment Bank (EIB), indicated: “I have received the green light for increasing capital…to fund new projects”. With the economic crisis as a backdrop, EU finance ministers agreed to increase the EIB's capital by €67 billion so that it can finance projects in a variety of sectors.
The EIB's capital will be...