Archive | August, 2013

EIB’s €5 billion budget cut will hit Arab Spring countries hardest

Originally appeared in Euractiv The European Investment Bank says that a €5 billion cut in the EU Guarantee Fund insuring its external lending, will force an equal cut of 15% in its funding pool for the 2014-2020 budget that will hit ‘neighbourhood’ states such as Egypt and Syria hardest. The fund covers against defaults on […]

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Europese Investeringsbank wordt wat groener

By John Vandale, originally appeared in Mo Magazine De Europese Investeringsbank (EIB) herziet haar investeringen in de energiesector. Meest opvallend is de beslissing om voortaan geen krachtcentrales met fossiele brandstoffen meer te financieren die meer dan 550 gram CO2 per geproduceerde kilowattuur (kWh) de lucht in stoten. De EIB –een van de belangrijkste financiële beleidsinstrumenten […]

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