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Europe Daily Bulletin No. 8039

3 September 2001
Contents Publication in full By article 14 / 44
GENERAL NEWS / (eu) eu/eib
EUR 190 million for modernisation of Hungarian railway

Brussels, 03/09/2001 (Agence Europe) - On Monday, the European Investment Bank announced the signing of funding contracts concerning the granting of an EUR 190 million loan for modernisation of the Hungarian rail network. The funds are intended for modernisation of three rail lines linking Hungary to Austria, Romania and Slovenia, as well as the Budapest-Lvov (Ukraine) line. Out of the total amount of the loan, EUR 60 million will be directly granted to MAV, the national railway system...

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