The European Investment Bank in cooperation with the Consellería de Economía e Facenda of Xunta de Galicia will hold in Santiago de Compostela on Friday 1st June 2007 a conference presenting the EIB’s strategy and projects in Spain and discussing new development and trends for investments in the country.

The half-day conference is designed to bring together representatives from the government, local authorities, universities, experts and managers from the private sector and financial institutions to discuss these topics of pertinent importance.

The seminar will be opened by José Ramón Fernandez Antonio, Conselleiro de Economía e Facenda of Xunta de Galicia and Carlos Costa, Vice-President of the European Investment Bank. Other confirmed speakers include Carlos Guille, Director of the Department for Spain and Portugal, Mateu Turró, Associate Director of the Projects Department, Kim Kreilgaard, Head of Division of the Action for Growth Initiative Department, Luca Lazzaroli, Head of Division of Infrastructures & PPPs for Spain, Yolanda Embid Segura, Loan Officer, and María Luz Amusátegui from the European Investment Fund. Speeches and presentations will be followed by a roundtable discussions.

On the same occasion, the EIB and Xunta de Galicia will sign several finance contracts in support of the regional roads programme, the SMEs in Galicia and investments in the Health sector.

Background:

The European Investment Bank, the long-term financing arm of the EU, has been active in Spain since 1986, lending in total of EUR 76 bn throughout all key economic sectors. In 2006 Spain was the first recipient country of EIB lending activity of all EU-Member States.