Brussels, 16/09/2011 (Agence Europe) - On Friday 16 September, the European Investment Bank (EIB) announced a €175 million loan to Ukraine to reinforce the electrical connections between the country's eastern and southern regions. EIB Vice-President Anton Rop stated: “This project will contribute to the better utilisation of Ukraine's electricity generation capacity, reduce electricity transmission losses and improve the security of the electricity supply”.
The project, which is being...