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Tags (4) : Facility for Euro-Mediterranean Investment and Partnership
Flavia Palanza: “There is a serious discrepancy between the needs of southern countries and their ability to borrow”
09/30/2013 | Euro-Mediterranean projects
A consequence of political and military crises, after two years of high levels of funding, 2013 has seen a slow-down in the level of EIB investment on the southern and eastern shores of the Mediterranean. FEMIP (the Facility for Euro-Mediterranean Investment and Partnership) brings together all of the EIB’s work supporting socio-economic development in Mediterranean partner countries (Algeria, Egypt, Gaza-West Bank, Israel, Jordan, Libya, Morocco, Syria, Tunisia and soon Libya). Its director, Flavia Palanza, has the power to carry out substantial funding, but there has been a decline in the take-up and use of new lending by partner countries. Version française
Algeria,
Egypt,
European Investment Bank,
European Parliament,
European Union (EU),
Facility for Euro-Mediterranean Investment and Partnership,
FEMIP,
Flavia Palanza,
Gaza-West Bank,
Israel,
Jordan,
Libya,
Morocco,
regional planning,
Southern and Eastern Mediterranean Countries (SEMC),
Southern Mediterranean Countries (SMC),
Syria,
Tunisia
Economic interests and ecology along the coastal territories of Algeria and Morocco
08/28/2013 | Socio-economic assessments
Why Mediterranean countries withstood the impact of the crisis
10/16/2012 | Socio-economic assessments
While the US and European banking systems were overwhelmed by the subprime crisis and credit crunch, Mediterranean member countries of the FEMIP (*) to a large extent withstood the crisis in 2009. How did they overcome this hurdle, and how can the road to growth be rediscovered? A study on this issue was published by Femise and the EIB on 29 November 2010.
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