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EBI lent a record €5.5bn to Poland in 2010, will keep lending at similar level in 2011


2011-03-01



The value of loans provided to Poland by the European Investment Bank (EIB) jumped by 34% in 2010 and hit a record high of €5.47bn, making the country the fourth biggest recipient of EIB funding among EU Member States. The figure was boosted by a €2bn loan to the Polish government to ensure national co-financing of EU-funded projects.

But this year the level of funding from the bank should be broadly the same, Anton Rop, EIB Vice-President, indicated. That is despite the fact that most EU countries will see a fall in EIB funds in 2011. Mr. Rop stressed that Poland was the most important new Member State for the bank, and that it wanted to be involved in new investment projects being executed in the country.

In 2011 the EIB’s lending to Poland will focus on road, rail, and energy projects, as well as on long-term lending to the SME sector.



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