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Image header Agence Europe
Europe Daily Bulletin No. 10245
Contents Publication in full By article 25 / 29
GENERAL NEWS / (eu) eib/egypt

€560 million for energy sector

Brussels, 27/10/2010 (Agence Europe) - The EIB (European Investment Bank) has announced that it plans to finance up to €560 million for energy production and transport projects in order to meet the country's priority needs. The project receives European budgetary support of €20 million. This investment will bring EIB intervention in Egypt this year to €900 million. In July this year, the bank had signed a loan of $460 million for an Egyptian refinery. (F.B./transl.jl)

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