council decis april grant commun guarante european invest bank loss loan project commun central eastern europ countri mediterranean countri latin american asian countri south africa ec council european union regard treati establish european commun articl thereof regard propos commiss regard opinion european parliament european council meet essen decemb defin pre access strategi central eastern europ countri european council cann june agre supplement budgetari assist grant mediterranean countri increas european invest bank eib loan contribut creation free trade area euro mediterranean partnership european council meet madrid decemb call council commiss implement declar euro mediterranean partnership work programm drawn barcelona confer mediterranean countri algeria cypru egypt israel jordan lebanon malta morocco syria tunisia turkei gaza west bank meet european council confirm import eib role instrument cooper commun latin america call eib intensifi activ region european council note respect enlarg continu activ eib increas input access prepar european council meet florenc june welcom result asia europ summit mark turn point relat contin central eastern europ countri albania bulgaria czech republ estonia hungari latvia lithuania poland romania slovak republ slovenia undertak major polit social reform embark fundament restructur economi eib complet current loan programm central eastern europ countri pursuant decis ec lend govern iv protocol horizont financi cooper mediterranean member countri set regul eec eib complet year lend programm latin american asian countri pursuant decis eec interim programm pursuant decis ec permit eib continu lend activ countri council approv octob cooper agreement commun republ south africa aim promot harmoni balanc sustain social econom develop eib complet june year lend programm south africa pursuant decis ec council call eib continu oper support invest project carri central eastern europ countri mediterranean countri latin american asian countri south africa effect improv programm oper respect durat instrument countri coverag guarante provid decis grant eib guarante subject condit set regul ec euratom june commiss agreement eib present council propos guarante system eib lend countri council decemb approv conclus guarante arrang eib lend countri volum extern lend respect financi perspect commun budget disciplin eib intern guidelin lend countri account conclus european council essen cann madrid approach blanket guarante distinguish region project approv risk share element propos commiss eib accept eib invit secur signific proport lend adequ parti guarante commerci risk budgetari guarante case respons polit risk aris currenc transfer expropri war civil disturb eib invit aim total lend mandat target sovereign guarante expand market permit individu mandat basi applic target individu mandat time negoti mandat decis conform conclus guarante level suffici meet total lend volum lend mandat lend durat decis guarante arrang affect excel credit stand eib council conclud decemb provis rate guarante fund remain current level council conclud januari payment loan guarante fund base percentag requir time payment feasibl commiss eib recogn respect area respons ensur coordin eib oper elig countri implement commun financi instrument commiss eib consult order ensur determin rate mandat account annual fluctuat rate commun ask provid balanc payment support countri council approv decis amount mandat take account conclus januari member state commiss unanim declar agre creation substanti pre access support facil invit eib propos facil board governor year facil enter forc light futur access facil approv articl eib statut carri guarante commun budget member state eib lend envelop cover commun guarante consid consist provis ecu million macro financi assist mfa assum ecu million need euratom lend maximum mfa increas ecu million euratom lend period applic present decis exce ecu million purpos adopt decis power provid treati set articl decid articl commun grant european invest bank global guarante respect payment receiv due respect credit open accord usual criteria invest project carri central eastern europ countri mediterranean countri latin american asian countri republ south africa guarante restrict aggreg amount credit open relat sum ceil credit open equival ecu million broken central eastern europ countri ecu million mediterranean countri ecu million latin american asian countri ecu million republ south africa ecu million cover period year begin januari central eastern europ mediterranean latin american asian countri juli republ south africa expiri period loan grant eib attain amount refer period automat extend month countri includ central eastern europ albania bulgaria czech republ estonia hungari latvia lithuania poland romania slovak republ slovenia mediterranean countri algeria cypru egypt israel jordan lebanon malta morocco syria tunisia turkei gaza west bank latin america argentina bolivia brazil chile colombia costa rica ecuador guatemala hondura mexico nicaragua panama paraguai peru salvador uruguai venezuela asia bangladesh brunei china india indonesia macao malaysia mongolia pakistan philippin singapor sri lanka thailand vietnam republ south africa european invest bank invit aim cover commerci risk lend decis sovereign guarante expand market permit individu mandat basi articl commiss inform european parliament council month situat loan sign progress made risk share articl end eib regularli transmit commiss inform articl commiss inform european parliament council year loan oper time submit assess oper scheme coordin financi institut oper area articl council evalu applic decis basi report present june commiss eib articl detail rule applic decis laid agreement conclud commiss eib articl decis effect dai public offici journal european commun luxembourg april council presid van aartsen oj oj council decis ec decemb grant commun guarante european invest bank loss loan project central eastern european countri poland hungari czech republ slovak republ romania bulgaria estonia latvia lithuania albania oj council regul eec june financi cooper respect mediterranean member countri oj amend regul ec oj council decis eec februari grant commun guarante european invest bank loss loan project mutual interest countri oj council decis ec decemb grant commun guarante european invest bank loss loan project mutual interest latin american asian countri commun conclud cooper agreement argentina bolivia brazil chile colombia costa rica ecuador guatemala hondura mexico nicaragua panama paraguai peru el salvador uruguai venezuela bangladesh brunei china india indonesia macao malaysia pakistan philippin singapor sri lanka thailand vietnam oj council decis ec june grant commun guarante european invest bank loss loan project south africa oj council regul ec euratom octob establish guarante fund extern action oj