Manufacturing Industry
Revised EIB Statute is part of new EU Treaty.
PR Newswire UK Disclose, October, 2004
29 October 2004
Revised EIB Statute is part of new EU Treaty - which is subject to ratification
The Statute of the European Investment Bank ("EIB"), originally laid down in a
protocol contained in the 1957 Treaty of Rome, has been revised and is
contained as Protocol 5 in the new EU Treaty establishing a Constitution for
Europe ("the new Treaty").
Before entering into force, the new Treaty, signed today in Rome, is subject to
ratification by all EU Member States. The new EIB Statute will become effective
when the Treaty enters into force (in accordance with Article IV-447 of the new
Treaty).
EIB's Statute had not been comprehensively updated since 1957, undergoing only
selective adaptations on the occasion of the accession of new EU Member
Countries and for the...
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