Montpellier, November 2004IDATE Foundation’s Seminar European enlargement and ICTs C.Rovere

Montpellier, November 2004IDATE Foundation’s Seminar STRUCTURE OF THE PRESENTATION  EIB strategy: 5 priorities  Loans in the EU – 15  Financing the enlargement to EU – 25  The “innovation-2010-initiative” perspective  ICT as enabler of the development

Montpellier, November 2004IDATE Foundation’s Seminar STRATEGY OUTLOOK 5 priorities  Economic and social cohesion in an enlarged EU  Implementing of the “Innovation 2010 Initiative” (i2i)  Development of Trans-European and access networks (TENs)  Environmental protection and improvement  Support for EU development aid and cooperation policies with Partner Countries, in particular through FEMIP and the Cotonou Agreement EIB implements EU policies: a policy driven Bank

Montpellier, November 2004IDATE Foundation’s Seminar ECONOMIC AND SOCIAL COHESION (2003)  EUR 22.8bn for the development of less-favoured regions 66.7% of total lending in the EU  EUR 4.6bn for the Accession Countries, regional development areas after accession  EUR 10.8bn dedicated to the environment and sustainable development  Emphasis on SMEs: EUR 4.7bn EIB long-term loans, through the EIF: EUR 135m in venture capital EUR 2.2bn in guarantees  Human capital: EUR 3.6bn for health and education

Montpellier, November 2004IDATE Foundation’s Seminar By country and objective n Regional development n Human Capital n Communication Infrastructure n Environment n Energy n Innovation 2010 Initiative LOAN SIGNATURES IN THE EU Individual loans:EUR 102.4bn Global loans: EUR 54.2bn Others: 991

Montpellier, November 2004IDATE Foundation’s Seminar In 2003, EUR 4.6bn for investment in the 10 Accession Countries in Central and Eastern Europe, Cyprus and Malta FOCUS: FINANCING EU ENLARGEMENT  Communications infrastructure (including TENs);  Regional development;  Industrial competitiveness (including Foreign Direct Investment);  Environmental protection;  Health and Education

Montpellier, November 2004IDATE Foundation’s Seminar EURm n Acceding states n Accession states n Applicant states n Candidate states n Energy n Communications n Water n Industry n Education, Health n Global loans Poland Czech Rep Hungary Cyprus 705 Malta 25 Slovenia 974 Lithuania 249 Latvia 276 Estonia 192 LOANS IN ACCEDING STATES : EUR 13.5bn Slovakia 880

Montpellier, November 2004IDATE Foundation’s Seminar LOANS IN ACCESSION, APPLICANT and CANDIDATE STATES : EUR 6.1bn Romania Bulgaria 565 Turkey Serbia & Montenegro 498 Croatia 446 Albania 108 FYRM 93 Bosnia-Herzegovina 185 EURm n Acceding states n Accession states n Applicant states n Candidate states n Energy n Communications n Water n Industry n Education, Health n Global loans

Montpellier, November 2004IDATE Foundation’s Seminar FINANCING EU ENLARGEMENT EUR 24.7bn IN THE ACCEDING COUNTRIES SINCE 1990 n Transport and Telecommunications Infrastructure n Water and Environment n Industry and Services n Health and Education Infrastructure n Global loans to SMEs and local governments 14% 16% 19% 14% 37% ICT – 13% Eur 3.2bn TRANSPORT – 24% H & E GL - SME Ind. & Services Water & Env.

Montpellier, November 2004IDATE Foundation’s Seminar  Human capital formation Schools (modernisation, computerisation), education (IT training centers, e-learning )  Research and Development - R&D  Dissemination of innovation and the audiovisual sector: Skills to use new technologies Audiovisual - creation of content, production and broadcasting facilities  Development of SMEs and entrepreneurship EIF participation in funds and Venture Capital  Information Communication Technology networks and access “i2i” - Innovation 2010 Initiative OBJECTIVES / AREAS “i2i” supporting growth and employment

Montpellier, November 2004IDATE Foundation’s Seminar “i2i” - ICT NETWORKS “ICT networks + access to them” consisted of : Trans-European, broadband and multimedia networks. Infrastructure providing local access, especially in the EU’s less developed regions. “i2i” ICT networks policies : have social impact favouring inclusion and reducing digital divide in less developed areas and accession countries in support of local initiatives

Montpellier, November 2004IDATE Foundation’s Seminar “i2i” RESULTS “i2i” - ICT networks by end 2003 Approved loans: EUR 4.9bn 29 projects 11 First “i2i” was achieved with success: Total by end 2003 Approved loans: EUR 21bn Signed loans: close to EUR 17bn Demand existed and EIB was able to meet it

Montpellier, November 2004IDATE Foundation’s Seminar 28% n Human Capital n Research & Development n ICT n European Investment Fund “i2i” ( ) EUR 19.5bn SIGNED FROM LAUNCH (EUR 17bn EIB plus EUR 2.5bn EIF) 31% 13% 2003: Renewal of i2i as the “innovation 2010 initiative” reconfirming the high priority being given by the Bank to financing of innovation.

Montpellier, November 2004IDATE Foundation’s Seminar “ i2i ” - ICT NETWORKS BREAKDOWN  More than 45% in broadband platforms (DSL, Cable, 3 rd Gen. mobile)

Montpellier, November 2004IDATE Foundation’s Seminar Penetration of communication technologies