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Chronology of the EIB: 1978-1987

Chronology of the EIB: 1978-1987

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28 January 1987

Support for innovative European companies, at the core of EIB’s lending strategy. Our investments enabled the automatisation of a CD factory in Hasselt, Belgium.In the telecommunications sector, the EIB financed the acquisition and launch of some of the first broadcasting satellites of SES Astra, the world-leading satellite operator, based in Luxembourg.

1 January 1986

Spain and Portugal join the Bank.

1 August 1984

Start of the presidency of Ernst-Günther Bröder.

2 June 1981

First borrowing operation in ecus. This cartoon by Plantu, from March 1979, published in Le Monde, refers to the launch of the ECU, a ship created to sail on the stormy seas of the international monetary system, which had certainly evolved since the fixed exchange rates of the post-war period.

1 January 1981

Greece joins the EIB.

August 1980

Move to new Kirchberg building, currently known as West building. The Kirchberg building’s first phase (1974-80) was designed by British architect Sir Denys Lasdun and is one of his few works outside the UK. The same architect built the West building extension which was operational in 1995.