UK to contribute €1.6 billion to EIB capital increase

UK to contribute €1.6 billion to EIB capital increase
Open Europe’s Christopher Howarth is quoted in the Times, Telegraph and Mail as saying, “This feels an awful lot like spending for the sake of spending without doing anything to solve the eurozone crisis. We fear this won’t be good use of taxpayers’ cash.”
Mail Telegraph Times Howarth 28 Jun 2012