Spain, the first on the list to obtain European loans


The Member State that has most benefited from the European Investment Bank (EIB), the financial body of the European Union (EU), has been Spain, receiving in 2015 about 15% of the total loans granted by the entity, rising amounts to 9,079 million euros.

Following this first place are Italy (8,436 million, 13.9%), Germany (6,112 million, 10%), Poland (5,279 million, 8.7%) and France (4,954 million, 8.1%).

The initiatives that have obtained the greatest benefit from this financial aid have been the Madrid-Valencia AVE train and the start-up of the station in this Mediterranean city, with a loan that has reached 650 million euros. Likewise, the Madrid-Alicante railway line, with 200 million, and the construction of a tunnel that connects the Madrid-Valladolid line to the rest of the high-speed network, with 300 million, have been other of the most successful projects by the institution European.

Along with this, there are 200 million euros more in loans for the Gran Canaria airport and 300 million for the Balearic aerodromes. The EIB has also financed the improvement of Gas Natural's transport infrastructure with € 350 million and Enagas with € 200 million, as well as Iberdrola's electricity network with € 200 million. In addition, and with respect to the Basque Country, 400 million in credits have been added with the aim of optimizing sustainable communities and promoting the knowledge economy.

Financing inside and outside the EU

It is important to remember that the European Bank signed in 2011 loan contracts that exceeded 60,000 million euros, thus defining its largest economic contribution to date. Of this amount, 54,000 million were projected to different strategies located within the EU and the remaining 7,000 to global operations beyond European borders.

In accordance with this, the bank allocated 13,000 million euros to finance 120,000 small and medium-sized enterprises (SMEs) in the EU. Outside the European area, the Investment Bank helped with 1,000 million euros in loans to the southern Mediterranean countries, favoring both the development of the private sector and promoting different infrastructures, with the aim of promoting the "Arab Spring".

With the same perspective, Werner Hoyer, president of the credit organization, has shown that “the EIB will continue to support both growth and job creation inside and outside Europe. Many countries face enormous challenges and the mission of the EIB, as an EU bank, is to support them by financing viable projects, combining EIB loans with EU grants and providing technical advice on the project preparation ”.

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