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European Investment Bank'S Role In Economic Development Of Romania And Europe

Author

Listed:
  • HAGIU ALINA

    (UNIVERSITY OF PITESTI, ROMANIA)

Abstract

European Investment Bank is the European Union's financial institution. It finances investment projects to contribute to the balanced development of the Union. At the same time "bank" and "body" of the European Union, it contributes to the achievement of the European Union objectives by funding projects to promote European integration, balanced development, economic and social cohesion and the development of an economy based on innovation. Today, the EIB exists on the capital markets with the best quote, “Triple A”. This quote allows it to mobilize in highly competitive conditions, the most important financial volume required to support investments. As an institution, EIB continuously adapts its working mode to changes in EU policies. As a bank, it works closely with the banking community, both for loans on the capital markets as well as for financing investments.

Suggested Citation

  • Hagiu Alina, 2014. "European Investment Bank'S Role In Economic Development Of Romania And Europe," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 112-121, October.
    • Handle: RePEc:cbu:jrnlec:y:2014:v:5:p:112-121
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