HC Deb 16 December 1993 vol 234 c798W
Mr. Marlow

To ask the Prime Minister to what extent additional loans from the European investment bank will be underwritten by other EC institutions.

The Prime Minister

The European investment bank is required by its statute to lend only if it has a guarantee from a member state or other adequate guarantees, such as from a commercial bank. It is not the practice, nor is it intended, for Community institutions to guarantee EIB loans within the European Community.