|Author (Corporate)||European Investment Bank|
|Series Title||EIB Information|
|Series Details||No.134 (No.1, 2009)|
|Publication Date||April 2009|
|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.
|Subject Categories||Economic and Financial Affairs, Politics and International Relations|
|Countries / Regions||Europe|