It is expected that the EIB Group’s activities under the Strategic Roadmap would be severely constrained by the gearing ratio, which limits the size of the EIB Group’s overall nominal exposure to 250 %. The gearing ratio takes into account neither the quality of the EIB Group’s portfolio nor credit enhancements such as guarantees from the Union budget, and represents a particular constraint for equity investments, such as those under the European Investment Fund.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
