EU bank may not fully repay UK until 2054

[darmstadt]

Bit of a non-story really as according to drunk Davis:

Last month Brexit Secretary David Davis said he wanted Britain’s current relationship with the European Investment Bank to continue after Brexit, telling MPs that UK negotiators would be “looking to maintain that ongoing relationship”.

[BrilloPad]

Bit of a non-story really as according to drunk Davis:

Being drunk never seemed to impede Churchill

[AtW]

Being drunk never seemed to impede Churchill

Where is old dog?

[BrilloPad]

Where is old dog?

SupremeSpod not banned. I must message him...

[Mordac]

So there’s an investment that doesn’t mature for 30+ years and an investor is being told that if you pull out early you won’t get all your money back. If people think this is some form of punishment, they need to speak to their financial advisor and stop trying to make it a political issue.

It's a "bank". We can withdraw our cash anytime we wish. If they want our blood, we are entitled to some of our own deposits back.

[AtW]

It's a "bank". We can withdraw our cash anytime we wish. If they want our blood, we are entitled to some of our own deposits back.

No, you can withdraw cash only inline eith the agreed terms - if you are lending bank on the basis of 30 years term then obviously you can't ask for cash back early, otherwise bank would collapse if such terms were offered.

[Mordac]

No, you can withdraw cash only inline eith the agreed terms - if you are lending bank on the basis of 30 years term then obviously you can't ask for cash back early, otherwise bank would collapse if such terms were offered.

The maximum loan period from the EIB is 3 years*. So how the fook do they justify hanging onto depositors cash for more than 30 years?

*Sad fooker that I am, I looked it up https://www.equipmentfinance.societe...ment-bank-eib/

[AtW]

The maximum loan period from the EIB is 3 years*. So how the fook do they justify hanging onto depositors cash for more than 30 years?

*Sad fooker that I am, I looked it up https://www.equipmentfinance.societe...ment-bank-eib/

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

[Lance]

The maximum loan period from the EIB is 3 years*. So how the fook do they justify hanging onto depositors cash for more than 30 years?

*Sad fooker that I am, I looked it up https://www.equipmentfinance.societe...ment-bank-eib/

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. http://www.eib.org

[AtW]

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