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Europe Daily Bulletin No. 7777

11 August 2000
GENERAL NEWS / (eu) eu/eib
EUR 112.5 MILLION for northern and eastern branches of TGV in Belgium

Luxembourg, 10/08/2000 (Agence Europe) - The European Investment Bank granted to Financiere TGV a loan of EUR 112.5 million for the completion of the Brussels-Antwerp and Brussels-Liege lines within the framework of the second phase of the PBKAL (Paris-Brussels-Cologne-Amsterdam-London) high-speed rail line. The completion of the works for the northern and eastern lines is planned for 2005, placing Amsterdam at 1h40 and Cologne at 1h30 from Brussels.

Since 1993, the starting year of the TGV...