EIB's status as a multilateral bank owned by the EU member States produces several political effects:
• A number of Providers and commercial banks commented that they felt that the EIB's presence in a project would help to ensure that the Promoter or its government would meet its contractual obligations.
• Several Promoters also said that the involvement of "European money" via the EIB made their project more acceptable, in regions where there was opposition to the use of PPPs on political grounds.