The goal of the EIB is to finance projects that bring about European integration and social cohesion. How do projects get chosen and where in the European economy lay underutilized opportunities to reach this goal? Werner Hoyer believes for instance there is an overall investment gap in the European Union, stating that our infrastructure spending is at a 20-year low.
And even though the Eurozone is on a solid recovery to high growth, it still faces great challenges to overcome future crises. The economic divergence between the North and South, and high private debt levels are examples that there is still a lot to be done. How does the EIB fit into this picture, and should it increase its mandate in order to face contemporary economic challenges?

Interviewers: Miguel Krol & Santiago Diaz Jaramillo
Music: Ruse by www.musicscreen.org