19 dec
- 20 dec
2013
Justus Lipsius Building, 175 Rue de la loi
Belgium, Brussels

The European Council meeting on 19 and 20 December welcomed the impact of the EIB capital increase, which enabled the Bank to step up EU lending by 38% to EUR 62bn this year. The council also welcomed the EIB’s new EUR 4bn mandate to the EIF as part of a policy to develop SME finance tools for the European Union over the coming months.

The meeting, attended by EIB President Werner Hoyer, hailed the adoption of the 2014-2020 Multiannual Financial Framework and reiterated the importance of the Youth Employment Initiative as a key objective of the EU strategy to foster growth, competitiveness and jobs.

The conclusions arising from the final meeting of 2013 can be downloaded here.