EIB underpinning EU economic recovery

Author (Corporate)
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Series Details No.134 (No.1, 2009)
Publication Date April 2009
ISSN 0250-3891
Content Type

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.

Source Link http://www.eib.org/infocentre/publications/all/eib-information-1-2009-n134.htm
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