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EIB unlikely to fund Baltic pipeline -Maystadt
08 Feb 2007 10:43:25 GMT
Source: Reuters

BRUSSELS, Feb 8 (Reuters) - The European Investment Bank is unlikely to fund a controversial gas pipeline from Russia to Germany under the Baltic Sea because of opposition by central European countries, the bank's president said on Thursday.

"There is clear opposition from several member states ... to financing this project," EIB chief Philippe Maystadt told a news conference. "We need unanimity. As long as there is this opposition, we will be unable to finance this project."
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A boy holds a placard saying "Mother I am, I live, my heart is beating, let me see you" during a mass in central Warsaw March 28, 2007. Thousands of demonstrators marched through Warsaw on Wednesday to demand Poland toughen its already strict abortion laws, pressing a case that has split the ruling conservative coalition government.