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Financing operations of the European Investment Bank (EIB) in the Southern Mediterranean countries

Author

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  • Tamas Szigetvari

    (Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences)

Abstract

The European Investment Bank (EIB) is the European Union’s development bank, which carries out an ever-growing development lending activity in the regions outside the EU. This activity is closely related to the EU’s external (neighbourhood and development aid) policies. The Southern Mediterranean covered by the EU neighbourhood policy is a priority among these outer regions. Support for the economic development of the region has been on the top agenda of the European Union for more than two decades, the consequences of the Arab Spring and the growing migratory pressure, however, have increased the importance of the development needs of the Mediterranean countries in recent years. This study analyses the data and reports from the EIB and seeks to demonstrate the priorities and the means by which the EIB supports the economic development of the region.

Suggested Citation

  • Tamas Szigetvari, 2018. "Financing operations of the European Investment Bank (EIB) in the Southern Mediterranean countries," IWE Working Papers 241, Institute for World Economics - Centre for Economic and Regional Studies.
    • Handle: RePEc:iwe:workpr:241
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    File URL: https://vgi.krtk.hu/publikacio/nr-241-2018-05/
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    More about this item

    Keywords

    European Investment Bank; Mediterranean countries; development; financial operations;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

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