Brussels, 25/06/2012 (Agence Europe) - On Friday 22 June, the European Investment Bank (EIB) granted a €500 million loan to Spanish rail company ADIF (Administración de Infraestructuras Ferroviarias) to finance the construction of the Y Vasca high-speed rail line. This is the first instalment of a total €1 billion EIB loan for the project.
The loan agreed on Friday will help to finance the construction of 140 km of rail line linking the Basque Country's three capital cities of Vitoria,...