The major lending institution of the EUROPEAN COMMUNITY founded in 1958 to provide loans to assist ‘the balanced and smooth development of the Common Market’ with an initial capital of $1,000 million. It provides loans for three types of...

The financial institution of the EUROPEAN UNION responsible for overseeing the proper implementation of the processes of investment projects within the Union in respect of a balanced development programme. See also: EUROPEAN CENTRAL...

This article is part of the series: Politics and government ofthe European...