‘Renewed mandate sets tone for EIB’s external action’ in EIB INFO (24 October 2011)

In their decision of 25 October 2011, the European Parliament and the Council renewed the mandate of the European Investment Bank (EIB) to carry out operations outside the European Union (EU). Article 209(3) of the Treaty on the Functioning of the European Union, in conjunction with Article 208 thereof, provides that the EIB is to contribute to the implementation of the measures necessary to further the objectives of the EU’s development cooperation policy.

Source and copyright

Source: "Renewed mandate sets tone for EIB’s external action", EIB-Info. 3-2011 (24 October 2011), n° 143, p.3-4. Luxembourg: European Investment Bank. ISSN 0250-3891

Copyright: (c) European Investment Bank

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