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Image header Agence Europe
Europe Daily Bulletin No. 10170
Contents Publication in full By article 37 / 41
GENERAL NEWS / (eu) eu/eib/czech republic

Loan to Vysoèina region to modernise its infrastructure

Brussels, 29/06/2010 (Agence Europe) - On Monday 28 June, the European Investment Bank (EIB) decided to lend 1 billion CZK (around €38 million) to the Vysoèina region (south-east Czech Republic) to improve regional infrastructure and upgrade the local road network.

Long-term EIB funds, provided on favourable terms at a time of difficult market conditions, will help the Vysoèina region to implement priority regional investments with a focus on increasing people's quality of life and strengthening the region's competitiveness. Some of the investments will also be supported by EU Structural and Cohesion Funds. (O.L./transl.fl)

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