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Image header Agence Europe
Europe Daily Bulletin No. 10199
Contents Publication in full By article 28 / 31
GENERAL NEWS / (eu) eu/eib

Loan to Armenia to upgrade Yerevan metro

Brussels, 24/08/2010 (Agence Europe) - The European Investment Bank (EIB) signed its first loan agreement with Armenia on 10 August. The €5m will be for upgrading the metro in Yerevan, thereby helping to improve the urban environment in the Armenian capital. Yerevan's metro is one of the city's main transport systems. The EIB will co-finance the upgrade of rolling stock, track and power supply system components, a maintenance train and new water pumps. The Republic of Armenia is borrowing...

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