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European Investment Bank |
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European Investment Bank, nonprofit bank created in 1958 by the six founding countries of the European Economic Community (now part of the European Union European Community (EC), an economic and political confederation of European nations, and other organizations (with the same member nations) that are responsible for a common foreign and security policy and for cooperation on justice and home affairs. ..... Click the link for more information. [EU]). The bank makes or guarantees loans to EU members, principally for projects that will contribute to regional development within the union. Some loans are also made to nonmembers, including countries of the Mediterranean region and central and E Europe and, under the Lomé Convention and Cotonou Agreement, developing countries in Africa, the Caribbean, and the Pacific. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Berk--was placed with a European investment bank for a Midwestern hotel company. In addition, the European Investment Bank (EIB) is examining possible investments with local businesses--an important development, since the EIB lends about 42 billion Euros annually in such diverse areas as industry, agro-industry, mining, tourism and transport. As with the majority of their work, energy efficiency was high on the agenda when Ingenhoven Overdiek considered the design of the new European Investment Bank in Luxembourg. |
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