Chronology of the EIB: 1968-1977
20 September 1973
Issue of the first borrowing operation in eurco, a new borrowing unit. According to the bank, “the eurco provides investors with a new instrument for investing their savings that spreads their risk between all the currencies of the EEC according to an appropriate weighting, which should thereby offer greater stability in the value of their investments.”
10 September 1970
Start of the presidency of Yves Le Portz.
1 January 1968
Installation of the bank in Luxembourg. The first Luxembourgish headquarters were established in the Place de Metz.