English version

European Investment Bank

From Longman Business DictionaryEuropean Investment BankˌEuropean Inˈvestment ˌBank abbreviation EIB nounBANKINGORGANIZATIONS an institution of the EUROPEAN UNION that lends money for investment for roads, communications etc and business development inside and outside the EUThe European Investment Bank financed 30% of the new motorway linking Berlin and Warsaw at a cost of Ecu2.2 billion ($2.5 billion).
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