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A Dual Entity: The European Investment Bank and Its Lending Policy from Its Origins to the Late 1970s
Contemporary European History ( IF 0.962 ) Pub Date : 2023-08-30 , DOI: 10.1017/s0960777323000462
Lucia Coppolaro

By reconstructing the lending policy of the European Investment Bank (EIB) from its inception in 1958 to the late 1970s, this article shows that, until the 1970s, the EIB did not pursue EEC (European Economic Community) policies but policy elaborated at the national level. The individual member states’ political priorities and preferences played a key role in shaping the loan operations and the bank's loans were used rather more individualistically by each community country in pursuit of national aims. This situation started to change in the 1970s when internal and external developments to the EEC redeployed and refocused the methods and objectives of the bank so that lending progressively became the result of the interplay between EEC institutions. Gradually, the EIB moved away from being a mere member state's tool to pursue individual national policies, transformed into an EEC policy-driven bank and it became the financial arm of the EEC.



中文翻译:

双重实体:欧洲投资银行及其从起源到 20 世纪 70 年代末的贷款政策

本文通过重构欧洲投资银行(EIB)从 1958 年成立到 1970 年代末的贷款政策,表明直到 1970 年代,EIB 并没有奉行 EEC(欧洲经济共同体)政策,而是在国家层面制定的政策。等级。各个成员国的政治优先事项和偏好在塑造贷款业务方面发挥着关键作用,每个共同体国家为了实现国家目标而更加个性化地使用银行的贷款。这种情况在 20 世纪 70 年代开始发生变化,当时 EEC 的内部和外部发展重新部署并重新调整了银行的方法和目标,使得贷款逐渐成为 EEC 机构之间相互作用的结果。逐步地,

更新日期:2023-08-30
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