Day: August 7, 2018

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The European Investment Bank has bowed to calls to reform. The lender, which is owned by EU states, has agreed to start talks to become independently supervised by the European Central Bank.

StockMarketNews.Today – The decision came after Brexit sparked a debate among EU finance ministries about how best to maintain the EIB’s financial firepower once Britain, which provides €39bn of the lender’s €243bn capital base, leaves.