HC Deb 09 December 1981 vol 14 cc406-7W
Mr. Body

asked the Chancellor of the Exchequer what total value of(a) loans and(b) guarantees to loans have been made by the European Investment Bank to each member State for the last convenient 12 month period.

Mr. Bruce-Gardyne

Details of loans and guarantees made by the European Investment Bank are published in the bank's annual reports. The figures for 1980, taken from the most recent annual report, are as follows:

(£ million)
Loans Guarantees to Loans
Belgium 83
Denmark 44
Germany 8
France 151
Ireland 178
Italy 615
Luxembourg
Netherlands
United Kingdom 417

Note: The figures have been calculated from the annual report on the basis of the exchange rates between sterling and the other European currencies prevailing on 31 December 1980. All figures have been rounded to the nearest £ million.