3.5 billion euro from European investment bank could be recovered to UK after Brexit

Beijing. January 25. Silkroadnews - 3.5 billion euro from the European investment bank (EIB) could be recovered to the UK after Brexit, the Kazakh Telegraph Agency (KazTAG) reports with reference to the Kommersant newspaper.
Britain has a right to receive back paid-up capital, which in fact is about 3.5 billion euro, the EIB President Werner Hoyer said on the sidelines of the World Economic Forum in Davos.
The statement, as noted, refers to the funds the country contributed to the bank during its membership in the European Union.
To remind, the referendum on the UK membership in the EU was held on June 23, 2017. The Brexit supports won with 51.9%. On March 29, the United Kingdom Prime Minister T. May formally notified Brussels of the launch of a two-year exit procedure to be completed by the end of March 2019. The European Union’s losses from Brexit are expected to reach 14 billion euro annually.