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Europe Daily Bulletin No. 8415

7 March 2003
Contents Publication in full By article 30 / 47
GENERAL NEWS / (eu) eu/eib
110 million pounds sterling loan to fund technical update of UK's A1 motorway

Luxembourg, 06/03/2003 (Agence Europe) - Work to ease traffic congestion and improve road safety on the A1 motorway in Yorkshire will benefit from a loan of 110 million pounds sterling (166 million euros) from the European Investment Bank. The EIB's contribution will be financed via a bond issue, linked to the British retail price index. The loan will be used to fund investments made by Road Management Services (Darrington) Ltd (RMS) for the technical update of 53km of motorway between...

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