Financing operations of the European Investment Bank (EIB) in the Southern Mediterranean countries

Tamas Szigetvari ()
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Tamas Szigetvari: Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences

No 241, IWE Working Papers from Institute for World Economics - Centre for Economic and Regional Studies

Abstract: The European Investment Bank (EIB) is the European Union’s development bank, which carries out an ever-growing development lending activity in the regions outside the EU. This activity is closely related to the EU’s external (neighbourhood and development aid) policies. The Southern Mediterranean covered by the EU neighbourhood policy is a priority among these outer regions. Support for the economic development of the region has been on the top agenda of the European Union for more than two decades, the consequences of the Arab Spring and the growing migratory pressure, however, have increased the importance of the development needs of the Mediterranean countries in recent years. This study analyses the data and reports from the EIB and seeks to demonstrate the priorities and the means by which the EIB supports the economic development of the region.

Keywords: European Investment Bank; Mediterranean countries; development; financial operations (search for similar items in EconPapers)
JEL-codes: F21 F33 G24 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2018-05
New Economics Papers: this item is included in nep-eec
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Persistent link: https://EconPapers.repec.org/RePEc:iwe:workpr:241

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