THE ANALYSIS OF EUROPEAN INVESTMENT BANK’S ACTIVITIES IN ROMANIA

Duduiala-Popescu Lorena
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Duduiala-Popescu Lorena: „Constantin Brâncusi” University, Tg-Jiu, Romania

Management Strategies Journal, 2013, vol. 22, issue Special, 117-124

Abstract: The European Investment Bank is the European Union's long-term lending institution established in 1958 under the Treaty of Rome. A policy-driven bank, the EIB supports the EU’s priority objectives, especially European integration and the development of economically weak regions. Its shareholders are the 27 Member States of the Union, which have jointly subscribed its capital. The EIB's Board of Governors is composed of the Finance Ministers of these States. Outside the EU, the EIB is active in over 150 countries (the pre-accession countries of South-East Europe, the Mediterranean partner countries, the African, Caribbean and Pacific countries, Asia and Latin America, and Russia and other neighbours to the East), working to implement the financial pillar of EU external cooperation and development policies (private sector development, infrastructure development, security of energy supply, and environmental sustainability).

Keywords: European Investment Bank; cohesion; convergence; development; benefits (search for similar items in EconPapers)
JEL-codes: E61 F02 G24 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:23:y:2013:i:s:p:117-124

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