Lithuanian leadership in EU achieves agreement with EP on EIB support to investment comes outside EU

The Lithuanian Presidency has on December seventeen in Brussels reached associate degree agreement with European Parliament on the EU guarantee to European Investment Bank to finance operations supporting investments comes outside the Union.

The proposal aims to confirm the continuation of the EU guarantee for the EIB external funding for the EU multiannual budget of 2014-2020 with clearly outlined objectives, such as: native personal sector development, especially support to SMEs; development of environmental, social and economic infrastructure; increased target temperature change mitigation and adaptation. the trouble is additionally created to raised align the EIB funding with the Union policies. Life and business in the EU

The proposal foresees a most ceiling of the EIB funding operations below EU guarantee of EUR thirty billion throughout the 2014-2020 amount.