EIB: Says it cannot take part in bailouts that involve budget deficits or balance of payments support
The European Investment Bank cannot take part in bailouts designed to help EU members weather budget deficit or balance of payments problems, the bank said in a statement today.
There had been speculation that the EIB, which is owned by EU governments, could be used in some way to help Greece tackle its debt and budgetary problems.
By Gerry Davies || February 9, 2010 at 09:55 GMT
Category: All, Budget/Politics, Economy, Europe, Geopolitics, Mkt Talk, Regions || Tags: EIB, EU economy, Greece || 7 comments || Add comment

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