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European Investment Bank

Telora

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Mar 15, 2007
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European Investment Bank

Ladies and Gentlemen;

The European Investment Bank is proud to announce that, after weeks of planning, we are finally ready to open our doors and begin the first stage of operations; that of amassing capital.

We aim to be as a-political as possible, as impartial as possible and as open as possible. We aim to lend to states, companies and other organisations who need capital to help them improve themselves over the long term - by making their operations greener, more modern or more expansive. We believe that such lending can not only improve the lives of millions of people, but also build a firm foundation within Europe for the furthering of peace.

The EIB's loans are not designed to relieve balance of payments crises, to relieve disasters or to finance aggression. They are designed to build a future for all Europeans, and do it in the most equitable, transparent and innovative ways possible.

Every loan from the EIB comes with three simple conditions:

1) Independent auditors can be allowed to track the spending of the loan, to ensure that the money is properly spent, and to offer advice to those taking out the loan on how to spend it to maximum effect.
2) That whoever takes out the loan signs a legally binding contract with the EIB governing repayment periods, interest rates and possibility of suspension or termination of repayments. This will allow the EIB to adapt to each individual case more ably.
3) That all borrowers from the EIB refrain from using the loan in direct finance of military action against other states. This is a blanket rule, and will be judged case-by-case by the Board, and is designed to prevent the EIB being used as a means to further the violence it seeks to dampen with its' finance.

We are now open to receive grants from European states to set up our central fund. The donation window will last until the 30th April, and all states who donate in this time will be awarded votes based on the size of their contribution. On April 30th, the EIB will officially open its doors to all the states of Europe who wish to borrow money.

The EIB is run by the Board, who will be elected by the member states. The Board in term appoints the President, who acts as chief executive officer and official representative of the EIB. All staff are appointed from contributing states, though their advancement is based on merit rather than geographical distribution. All staff members are required to forsake national allegiances of any kind while working for the EIB, and only take instructions from the Governor or the Board. All substantive votes on the Board need a 2/3 majority to pass, procedural matters only a simple majority of all members.

We are looking forwards to working with all states in Europe for many years to come, and are happy to answer any and all questions you may have, as well as accepting initial grants.

Contributing States

Telora (€1 billion)

Recognising States

Marquette

 

Záhorie

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Marquette formally recognizes this organization and will contribute funds in the future.
 

Tyvia

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OFFICIAL DECLARATION BY THE COMMONWEALTH
DECLARACIJA VIRTALNINIJA ZIJEDNIČIJ
All statements enclosed herein adhere to declaration 12S2/10; High Commissariat of State Affairs


The High Commissariat, the sub-legislative authority within the most serene Commonwealth of Šidajica and Zaponje, in co-operation with the Presidium of the Commonwealth tabulate the following findings following extensive deliberation within the inner legislative branch. All findings correspond accordingly with the will of the unified Šidajici people and their eternal republic.

The Presidium finds the intentions and politically neutral nature of the organization termed the 'European Investment Bank' to be a noble and meritorious endeavor. The Commonwealth understands the great need that thousands of men and women across Europe find themselves in, and acknowledges that it is impossible for any organization to provide anything in the way of material assistance without proper funding. It is truly a cruel honesty, but securing a future for all people's can only be done with some sacrifices. To this end, the Presidium would firstly like to inquire if the European Investment Bank is associated with any humanitarian organizations or if it happens to sponsor any.

The Presidium secondly, would like to contribute €125m (zł300m) to the European Investment Bank. The funds will be transferred by way of the Commonwealth National Bank in full.

The Presidium and the High Commissariat express their sincere hope that the money will go towards some good.

All statements herein validated by the Committee of State Security; Sub-Captaincy of the High Commissariat,
In accordance with the collective will of the people and their eternal Republic,
Sincerely yours, Avgustin I.S. Chernič, Presidator of the High Commissariat of the most serene Commonwealth of Šidajica and Zaponje.


Any complaints may be cordially forwarded to the State Office of International Affairs located in Arkadov.
 
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