Brussels, 15/06/2011 (Agence Europe) - The European Investment Bank (EIB) and Vnesheconombank, the Russian Bank for Development and Foreign Economic Affairs, signed a memorandum of understanding, at the end of last week, to modernise the economy of the Russian Federation.
The EIB and Vnesheconombank agreed to consider making available up to €500 million each to finance projects which are in line with their criteria and have been developed under the Partnership for Modernisation launched...