EIB loss guarantees: Latin American and Asian loans
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 361mo ago
This procedure concerns a guarantee provided by the EU to the European Investment Bank (EIB) for loans it issues in Latin American and Asian countries. It aims to support investment and development in these regions.
The guarantee protects the EIB against potential losses, encouraging it to finance projects that might otherwise be considered too risky. This affects countries receiving EIB loans and the EU budget.