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    On 7 June 2007, the European Investment Bank held the Annual General Meeting of its Board of Governors.

    The Board of Governors consists of Ministers nominated by each of the Member States, usually Ministers of Finance, Economic Affairs or the Treasury. They represent the Bank's shareholder Member States.

    On this occasion, having received the report of the Audit Committee, they approved the financial statements, including the balance sheet and profit and loss account, and the Annual Report for the year under review (2006). President Maystadt reported on key developments in the Bank’s activity in 2006 and the main areas of strategic progress, also proposing to the Board a detailed programme to reinforce the EIB’s contribution to EU energy and climate change policy.