Brussels, 11/12/2012 (Agence Europe) - A €60 million contract to complete phase two of the LGV Est-Européenne high speed rail project was signed last week by the European Investment Bank (EIB) and the Lorraine Regional Council. This loan constitutes the first instalment of a total €120 million long term loan out of a total project cost estimated at €2.1 billion.
Following on from the financing provided for the first phase of the LGV Est-Européenne project (€100 million directly...