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Viewing cable 05MADRID3747, BMENA: SPAIN AND FUND FOR THE FUTURE

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Reference ID Created Released Classification Origin
05MADRID3747 2005-10-26 08:15 2011-08-24 16:30 UNCLASSIFIED Embassy Madrid 
This record is a partial extract of the original cable. The full text of the original cable is not available.

260815Z Oct 05
 
UNCLAS MADRID 003747 
 
SIPDIS 
 
PLEASE PASS NEA/FO KING MALLORY AND EB/ERA LOUIS BONO 
 
E.O. 12958: N/A 
TAGS: EAID EFIN PGOV PHUM PREL EINV SP
SUBJECT: BMENA:  SPAIN AND FUND FOR THE FUTURE 
 
REF: A) STATE 189774 
 
According to Ramon Guzman Zapater, Director General for 
International Finance at the Ministry of Economy and Finance, 
EU governments will consider contributing to the Fund for the 
Future through the European Fund for the Mediterranean 
(FEMIP), administered by the EIB.  He thought a contribution 
through FEMIP would be viewed positively (by the Spanish,) 
since the objectives of the Fund for the Future coincide with 
those of FEMIP, but that a contribution would depend on 
majority support by member states.  Spain's contribution to 
the Fund would have to come through the EIB; it will not 
contribute to the Fund bilaterally.  (If the EIB decided 
against participating in the Fund for the Future we could 
revisit this with the Spanish.) 
MANZANARES