EIB gives billions to Irish businesses

The European Investment Bank is already providing billions in financing to support Irish businesses, semi-states and infrastructure projects on an ongoing basis, writes Jon Ihle.

19th May, 2012

The European Investment Bank (EIB) is already providing billions in financing to support Irish businesses, semi-states and infrastructure projects on an ongoing basis, and was considering new commitments to Bord Gáis and the Department of Transport late last year.

Now, following discussions with finance minister Michael Noonan and public expenditure minister Brendan Howlin, it is understood that specific new investments are being identified in schools, primary healthcare and roads that the EIB could...

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