EU's bank says boosted 2009 lending to 79 bln euros

Newswire

BRUSSELS, Feb 25 (Reuters) - The European Investment Bank increased its lending by an unprecedented 37 percent to 79 billion euros ($106.5 billion) in 2009 to help governments battle the economic crisis, it said on Thursday. The European Union's financing arm said in a statement it had borrowed about 79.4 billion euros from financial markets during the year, mainly by issuing bonds denominated in euros and U.S. dollars. The bank's lending priorities in 2010 would continue to be aid for ...

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