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Europe Daily Bulletin No. 7777

11 August 2000
GENERAL NEWS / (eu) eu/eib
EUR 105 million for modernising rail freight

Luxembourg, 10/08/2000 (Agence Europe) - The European Investment bank (EIB) granted a loan of EUR 105 million to AAE Wagon Finance for the acquisition of maximum of 7000 modern freight wagons, including intermodal transport wagons for containers and road vehicles, for the European railways. Rail freight for good should record an annual average growth of 2.5% underlines the EIB, which feels that the volume of rail freight could reach some 300 billion tonne-km by 2010 against 237 billion in...