council decis june commun membership european invest fund ec council european union regard treati institut european commun articl thereof regard propos commiss regard opinion european parliament account statut european invest fund european council meet edinburgh decemb invit council european invest bank give urgent sympathet consider establish quickli european invest fund hereinaft call fund fund constitut cost effect effici mean commun european invest bank financi institut provid signific contribut develop tran european network area transport telecommun energi infrastructur develop small medium size enterpris sme invest tran european network essenti proper function intern market accord procedur provid statut fund invest involv activ implement adjac countri crossbord project involv invest support sme essenti factor reinforc employ creation fund foster invest area order contribut pursuit commun object speedi implement fund stimul sustain balanc growth commun articl statut european invest bank empow bank board governor creat fund board decid creat fund establish statut commun member fund ordin ensur oper fund commun financi budgetari instrument commiss address fund annual report european parliament council inform commun interest order meet object fund multilater develop bank purpos council direct eec commiss direct eec treati provid power adopt decis articl decid articl commun repres commiss member european invest fund articl commiss council inform work bodi european invest fund commiss notifi council matter discuss fund gener meet council request member state commiss examin matter prejudic articl commiss account outcom examin adopt posit matter fund gener meet articl posit commun increas capit fund particip increas decid unanim council act propos commiss consult european parliament luxembourg june council presid papantoni oj page offici journal council direct eec decemb solvenc ratio credit institut oj direct amend commiss direct eec oj commiss direct eec decemb adapt technic definit multilater develop bank council direct eec solvenc ratio credit institut oj