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Europe Daily Bulletin No. 7994

28 June 2001
Contents Publication in full By article 34 / 63
GENERAL NEWS / (eu) eu/eib
Loan of EUR 120 million to Basque company Euskaltel

Brussels, 27/06/2001 (Agence Europe) - The European Investment Bank (EIB) decided on Tuesday to grant a loan of EUR 120 million (20 billion pesetas) to the company Euskaltel as a contribution to the financing of its cable telecommunications network in the Spanish Basque country. The loan will finance the second phase in the construction of this broadband cable telecoms network, that will make a whole range of services available: fixed telephony, high-speed Internet, data transmission and...

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