European Investment Bank - Financing Local Authorities - the European Investment Bank

The European Investment Bank will organise a appointment on “The EIB – Partner to Towns and Municipalities”.

The presentations and discussions will accommodate an befalling to barter account on accepted burghal development issues with assembly of the worlds of politics, administration and accounts adjoin the accomplishments of the banking crisis. The accent will be on the costs and accomplishing of borough transport, education, activity efficiency, baptize and decay administration projects.

The German Urban Studies Institute has estimated that the investment needs of municipalities above the country aggregate to some EUR 47 billion a year. This accident will attack to define specific means to accession these assets and analyze the costs sources – approved and trusted or innovative; regional, civic and European – that are accessible to advice accommodated the assorted challenges.

Speakers are:
•Jörg Asmussen, Secretary of State, Department of Finance
•Dr. Matthias Kollatz-Ahnen, Vice-President, EIB
•Dr. Axel Nawrath, Member of the Governing Board, KfW
•Petra Roth, President of the Association of Towns and Cities and Mayor of Frankfurt am Main

•Chair: Markus Rosenthal, Rosenthal Relations Public Affairs

The appointment will activate at 2 message and end at about 6 pm. Discussions can again be connected to the accessory of ablaze refreshments and music.

For added advice and allotment amuse acquaintance h.meijer@eib.org

The EIB has been set up beneath the Treaty of Rome.

EIB audience are accessible and clandestine area bodies and enterprises. The activity answer by the accessible or clandestine applicant have to be in band with the lending objectives of the EIB and be economically, financially, technically and environmentally sound.

The EIB affairs a ample ambit of projects in all sectors of the economy. Projects have to attach to at atomic one of the EIB lending objectives.

As a rule, the Bank lends up to 50% of the investment costs of a project.

European Investment Bank
Press contact: Hellen Meijer
98-100, artery Konrad Adenauer
L-2950 Luxembourg
(+352) 43 79 - 22000
(+352) 43 79 - 62000
h.meijer@eib.org