VOL. XLV

No 6

11-February-2002

GENERAL

EIB2001 Lending To MENA 1.5Bn, Cumulative Total9Bn

EuropeanInvestment Bank (EIB) lending to the 12 Mediterranean Partner Countries climbedto a record of 1.5bn in 2001 from 680mn in 1996, EIB said in a 31 Januaryreport. Furthermore, with a budget of 7.4bn up to 2007, it is expected tocontinue to pump substantial financial resources into the region, making it oneof the leading sources of bank financing for the development of the partnercountries. Its loans...