EIB President Hoyer and European Commission President Barroso have sent a joint letter to the Members of the European Council on June 20  about reinforcing the capital base of the EIB to support jobs and growth.  The attached joint papers set out how a fully paid-in increase of EUR 10 billion in the capital of the EIB could support up to EUR 60 billion of additional financing over the next three to four years.

Documents:

Reinforcing the capital base of the EIB to support jobs and growth

Joint letter from Commission President J.M. Barroso and EIB President W. Hoyer to the Members of the European Council

EIB lending priorities associated with a capital increase