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LUXEMBOURG IS TAKING OVER THE PRESIDENCY OF THE EUROPEAN UNION FOR THE SECOND SEMESTER OF 2015.

Luxembourg is taking over the Presidency of the Council of the European Union for the second semester of 2015.

Find out which the role of this Presidency is and how it works at the following video: https://lnkd.in/dvUUStJ

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The EIB is the European Union’s bank.

It is the only bank owned by and representing the interests of the European Union Member States. It  works closely with other EU institutions to implement EU policy.

As the largest multilateral borrower and lender by volume, the EIB  provides finance and expertise for sound and sustainable investment projects which contribute to furthering EU policy objectives.

More than 90% of its activity is focused on Europe but its also implements the financial aspects of the EU’s external and development policies.

Lending, blending and advising :

  • Lending: The vast majority of EIB  financing is through loans, but EIB also offers guarantees, microfinance, equity investment, etc.
  • Blending: EIB support helps unlock financing from other sources, particularly from the EU budget. This is blended together to form the full financing package.
  • Advising: Lack of finance is often only one barrier to investment. EIB  can help with administrative and project management capacity which facilitates investment implementation.

http://www.eib.org