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The European Investment Bank: Lending a helping hand
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The
bank lends money for projects of European interest, particularly in
the less well-off regions. It finances infrastructure projects such
as rail and road links, airports or environmental schemes. It provides
credit for investments by small businesses (SMEs). The Luxembourg-based
bank also lends to candidate states and developing countries. Because
it is owned by EU governments, the bank can raise capital and provide
credits at favourable rates.
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