The European Investment Bank (EIB) presents to Ministers its new strategy for the Mediterranean looking forward to 2020. This strategy outlines a more structured and proactive approach to sourcing and supporting operations, which will ensure that FEMIP is optimally equipped to meet the changing needs and priorities of the Mediterranean partner countries.

Fostering growth and job creation, especially for young people, is high on agenda.

The Ministers will therefore discuss the diverse opportunities for growth in the region, and the EIB stands ready to collaborate with the countries in developing whichever of these opportunities they choose to explore further. Additional topics will include how the Bank can further strengthen and diversity its instruments in support of the private sector and whether more can be done for climate action in the region.

The discussions and recommendations of the meeting are an important way for European and Mediterranean countries to provide guidance to structure future EIB operations. This will allow the EIB, as the EU Bank, to make even better use of its expertise and financing capacity to support the further integration of our economies.

As the leading development financier in the Mediterranean, the EIB has provided over EUR 3 billion of support to the real economy in the Mediterranean partner countries since the start of the democratic uprisings in 2011.

Press conference on FEMIP and conclusions of these meetings, chaired by the EIB Vice-President Philippe de Fontaine Vive:
2 April 2014 - 11:15am – Sun Room – Zappeion Hall

Press contacts for further information and interviews
Anne-Cécile Auguin –   - +352 621 36 19 48
Helen Kavvadia - - +352 691 28 60 17

www.eib.org