EU bank may not fully repay UK until 2054

[darmstadt]

This is a website for SG sourced finance from the EIB.
What they offer is a very small part of what the EIB does.
I applaud your diligence in finding an irrelevant site that reinforces your view but for a balanced/accurate view try this site. European Investment Bank (EIB)

I suspect that certain people get their facts from here and here

[Mordac]

"The minimum time of financing is 36 months. The longest period of financing machines, devices and other movable objects is 10 years"

Time to go to Specsavers...

Still, 10 years isn't 30+ years...

[Mordac]

Mordy is a Brexiter, he does not want balanced view, he wants view that suits his own deeply held idiotic views

Call them idiotic if you like, but my view remains that the EU is destined to collapse into the vacuum created by it's own rapidly deflating arse. No political system can survive with a veneer of democracy for any much longer that it takes for the population to realise that it is simply a veneer.

[AtW]

Still, 10 years isn't 30+ years...

But it certainly ain't 3 as you said? Also, just because you it's 10 year maximum loan does not mean loans don't roll over or that monay borrowed by the bank are not even longer term than maximum of loans.

[Mordac]

But it certainly ain't 3 as you said? Also, just because you it's 10 year maximum loan does not mean loans don't roll over or that monay borrowed by the bank are not even longer term than maximum of loans.

Would you mind awfully introducing me to your bank manager? He sounds like a far more amenable chap than mine...

[AtW]

Would you mind awfully introducing me to your bank manager? He sounds like a far more amenable chap than mine...

Yes, I would.

[Lance]

Would you mind awfully introducing me to your bank manager? He sounds like a far more amenable chap than mine...

If you borrow money to build a motorway that takes 15 years to complete then a 10 year loan isn’t any use. How do you think major infrastructure projects are financed?
UK still has debts outstanding from hundreds of years ago.

Your personal banking shares no comparison with international finance deals.

[BrilloPad]

Call them idiotic if you like, but my view remains that the EU is destined to collapse into the vacuum created by it's own rapidly deflating arse. No political system can survive with a veneer of democracy for any much longer that it takes for the population to realise that it is simply a veneer.

The people of Greece seem happy to live in abject poverty while a few thousand of their ruling elite live in luxury.

The UK is not much better than the EU. However at least they are OUR dictators.

[NotAllThere]

Mordy is a Brexiter, he does not want balanced view, he wants view that suits his own deeply held idiotic views

He's a True Believer.

"I knew how easy it was to make people believe a lie, but I didn't expect the same people, confronted with the lie, would choose it over the truth. ... No amount of logic can shatter a faith consciously based on a lie." M. Keene

"no amount of evidence, no matter how good it is or how much there is of it, is ever going to convince the true believer to the contrary." James Randi

[AtW]

btw Mordy, have you returned "loaned" test network?