NEWS

EIB conference to discuss Eastern Partnership for Growth

 

Enhanced and successful cooperation between the Eastern Partnership countries and closer cooperation with the European Union will be the focus of a conference hosted by the European Investment Bank (EIB), Eastern Partnership for Growth, due to be held on 24 May in Vienna.
 
A press release said the conference would cover three main topics: regional economic prospects and priorities, local private sector development and infrastructure for economic development.
 
In the sessions, panelists will discuss the role of the banks to provide funding to corporates and SMEs in order to foster local private sector development. The speakers will identify the specific infrastructure needs for the region as a facilitating factor for economic growth and how to step up project development and implementation.
 
The EIB supports the EU Neighbourhood Policy in the Eastern Partner Countries by financing projects of significant EU interest. Its current lending mandates and facilities add up to €5.3billion in Russia and the Eastern Partner countries (Armenia, Azerbaijan, Georgia, Moldova, Ukraine and subject to future Council and European Parliament Agreement, Belarus).
 
This mandate is for projects of significant interest to the EU in transport, energy, telecommunications and environmental infrastructure, and as of mid-2009 has been extended to cover also loans for SMEs via banks in Eastern Partnership countries within the framework of the Joint IFI Action Plan. (ENPI Info Centre)
 
 
Read more
 
Press release
 
Conference registration form
 
EIB – Russia and Eastern Neighbours
 
Factsheet – EIB financing in the EU’s Eastern Neighbours
 
ENPI Info Centre – Information pack - The Eastern Partnership: a path to stability and prosperity
 
ENPI Info Centre - Eastern Partnership Glossary

 


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