council decis decemb grant commun guarante european invest bank loss loan type project russia ukrain moldova belaru ec council european union regard treati establish european commun articl thereof regard propos commiss regard opinion european parliament support european union european neighbourhood polici council wish make european invest bank eib grant loan type project russia western independ state quot wni quot belaru moldova ukrain support northern dimens initi launch helsinki council decemb council decis ec novemb grant commun guarante european invest bank loss special lend action select environment project baltic sea basin russia northern dimens adopt eib lend decis ec approach ceil conclus ecofin council novemb agre addit alloc lend russia wni eib develop decis ec project area eib compar advantag unmet credit demand area eib consid quot compar advantag quot environ transport telecommun energi infrastructur prioriti tran european network quot ten quot ax cross border implic member state lend mandat subject hand condition consist eu high level agreement polit macro econom aspect intern financi institut sector project aspect work share eib european bank reconstruct develop ebrd eib financ manag accord eib usual criteria procedur includ control measur relev rule procedur court auditor olaf support commun polici regular consult eib commiss ensur coordin prioriti activ countri question measur progress fulfil commun relev polici object decis account framework full assess decemb eib gener lend mandat project european union decid articl object commun grant european invest bank hereinaft refer quot eib quot guarante respect payment receiv due respect credit open accord usual criteria support commun relev extern polici object invest project carri russia western independ state belaru moldova ukrain articl elig project elig project signific interest european union sector environ transport telecommun energi infrastructur prioriti tran european network ten ax cross border implic member state articl ceil condit ceil credit open eur million eib benefit except commun guarante cover total amount credit open decis relat sum project financ loan cover guarante satisfi criteria elig accord articl cooper financ eib intern financi institut order ensur reason risk share project condition eib share work appropri ebrd mutual agre modal report accord articl eib advantag experi ebrd russia wni articl elig individu countri individu countri elig ceil fulfil condition consist european union high level agreement countri question polit macro econom aspect commiss determin individu countri fulfil condition notifi eib thereof articl report commiss inform european parliament council year loan oper carri decis time submit assess implement decis coordin intern financi institut involv project inform includ assess contribut lend decis fulfil commun relev extern polici object purpos paragraph eib transmit commiss inform articl durat guarante cover loan sign januari expiri period loan grant eib attain ceil refer articl period automat extend month articl final provis decis effect date adopt eib commiss establish term guarante brussel decemb council presid veerman opinion deliv decemb publish offici journal oj