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Image header Agence Europe
Europe Daily Bulletin No. 10261
Contents Publication in full By article 32 / 38
GENERAL NEWS / (eu) eu/czech republic

Loan for local infrastructure

Brussels, 22/11/2010 (Agence Europe) - On Friday 19 November, the European Investment Bank (EIB) decided to lend 2 billion Czech crowns (approximately €78 million) to the Moravia-Silesia Region (in the north-east of the Czech Republic) to improve regional infrastructure. The loan, together with funding from the EU Structural Funds, will co-finance the implementation of priority schemes identified by the Regional Operational Programme for Moravia-Silesia and other sectoral Operational Programmes for the 2007-2013 period. EIB funds will also support investment in transport, health and social care, education, culture and tourism, the environment, and information and communication technologies which are included in the Regional Development Plan. This plan defines the Region's capital expenditure programme and the corresponding financing plan and use of the Region's own resources. (O.L./transl.rt)

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