Brussels, 24/11/2009 (Agence Europe) - FEMIP, the Facility for Euro-Mediterranean Investment and Partnership, the European Investment Bank's (EIB) financial arm for the Mediterranean Region, has announced that it is to provide the Syrian Ministry of Local Administration with a €50 million loan to significantly upgrade municipal infrastructure across Syria, EIB Vice-President Philippe de Fontaine Vive has announced. The agreement was signed in Damascus on 20 November. The loan corresponds...