8. Additional proposed EIB and EU growth program.
In summary, two additional effects can be obtained with the help of the EIB. One is based on a selec- tive, earmarked equity increase of around € 12 billion from member countries willing and able to commit. This will permit extra loans annually of € 10 billion for 2012 and € 35 billion for 2013, going down to €25 billion annually for 2014-2015. The second source stems from the use of EU-budgetary means for risk buffers to finance infrastructure projects (project bonds) as well as projects to pro- mote innovation. Devoting annually €5 billion from the budget to risk buffers facilitates additional €10 billion in EIB loans per year. We are assuming a four year initiative with respect to the financing of risk buffers