“I expect it to continue,” says Nadia Calviño, referring to what she describes as a flow of capital that has begun moving from the United States to Europe, including after last week's market turbulence following the Democrats' landslide victory in the US midterm elections.
She describes demand for bonds issued by the EIB as strong.
“We are experiencing turbulence and instability in the financial markets right now, so it is of the utmost importance that we ensure Europe remains a safe haven in this situation,” says Calviño.
The EIB president's statements come as eurozone finance ministers gather in Brussels to begin the process of finding a successor to Christine Lagarde as head of the European Central Bank (ECB).
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