ABSTRACT
Industry has received an important share of the European Investment Bank's loans. Up to the end of 1972, EIB financing in this sector amounted to 997.9 million uas, or about 40.6 per cent of total lending inside the EEC, more than the Bank provided for energy, transport or any other aspect of infrastructure. 1 Thereafter the proportion of the Bank's lending to the industrial sector declined as the emphasis shifted to energy and transport so that, during 1973–80, it amounted to 17.8 per cent of total financing for all sectors. Even so, the EIB lent a total of 2,245.0 million uas, far more in cash terms, during the eight years 1973–80, than over the preceding fourteen years, the increase being partly due to inflationary pressures. 2
