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Europe Daily Bulletin No. 10976

4 December 2013
Contents Publication in full By article 12 / 37
EXTERNAL ACTION / (ae) georgia

03/12/2013 (Agence Europe) - EIB loan for East-West motorway. On 28 November, the European Investment Bank (EIB) announced that it would lend €30 million to the Republic of Georgia to continue the renovation and increase the capacity of the East-West motorway. This essential road infrastructure links the Georgian capital, Tbilisi, and the country's ports on the Black Sea with Turkey and Azerbaijan. In 2012, the EIB granted a €170 million loan for the financing of this project. The EIB...

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