EU member states to kill plans for a new development bank

By Jean Comte
02 Dec 2019

European finance ministers are not keen on setting up a new development bank from scratch. They will instead start technical work on how to better streamline the operations outside the EU of the European Investment Bank and the European Bank for Reconstruction and Development.

An expert group floated the idea of creating a new EU bank in October, after member states commissioned the group to find ways to enhance the European financial architecture for development. It was the second among three possible options, the two other ones being an enhanced ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.