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Image header Agence Europe
Europe Daily Bulletin No. 9322
Contents Publication in full By article 34 / 39
GENERAL NEWS / (eu) eu/eib

EIB provides €520 million in support of various Hungarian projects

Luxemburg, 06/12/2006 (Agence Europe) - On 30 November, the European Investment Bank (EIB) and the Hungarian authorities signed two finance contracts. The first of these (€320 million) was for the construction of 72 KM of motorway sections and by-pass connections on the M3/M35 motorway linking Budapest and Debrecen, Hungary's second largest city. The second (€100 million) was a loan for the up-front co-financing of the Hungarian portion of the EU Cohesion Fund. The EIB also signed a...

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