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Image header Agence Europe
Europe Daily Bulletin No. 10864
Contents Publication in full By article 12 / 38
SECTORAL POLICIES / (ae) transport

Another EIB loan for rail in Lithuania

Brussels, 11/06/2013 (Agence Europe) - Last week, the president of the European Investment Bank (EIB), Werner Hoyer, signed a €50 million loan agreement with Lithuanian Railways for the acquisition of modern rolling stock. After the support for the upgrading of railway infrastructure and purchase of new locomotives, this is now the third EIB operation aimed at modernising Lithuanian railways.

Thanks to the EIB loan, 590 new wagons will be purchased (150 tank, 140 open-top, 100 covered and...

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