EIB agreed to independent control, which will be implemented by the ECB after Brexit

The capital of the European Investment Bank, established in Luxembourg in 1958 to support European growth-promoting projects, belongs to the EU member states that form it. EIB can issue loans that exceed capital 2.5 times. As a result of the withdrawal of Great Britain from the EU, whose share in the capital of the bank is 39 billion euros out of 243 billion euros, the credit potential of the EIB will decrease by more than 100 billion euros. The EU countries, including France and the states of Central and Eastern Europe, supported the appeal of the head of EIB Werner Hoyer to the EU states to increase investments in capital in order to fill the deficit that is formed after Brexit. The EIB, in turn, agreed to independent control, which will be implemented by the European Central Bank.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: