| Author (Corporate) | European Investment Bank |
|---|---|
| Series Title | EIB Information |
| Series Details | No.134 (No.1, 2009) |
| Publication Date | April 2009 |
| ISSN | 0250-3891 |
| Content Type | Journal | Series | Blog |
|
The EIB is rising to the challenge of the economic downturn. In 2008, total lending rose by 21% to EUR 57bn. In the next two years, the Bank will step up further its support for Europe’s economic recovery. In order to meet the new lending targets, as of 1 April the EIB’s subscribed capital was increased by some EUR 67bn to EUR 232.4bn. This increase was effected through a transfer from the EIB’s additional reserves to its capital. |
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| Source Link | Link to Main Source http://www.eib.org/infocentre/publications/all/eib-information-1-2009-n134.htm |
| Subject Categories | Economic and Financial Affairs, Politics and International Relations |
| Countries / Regions | Europe |
