Luxembourg, 03/01/2007 (Agence Europe) - Following the Government of Israel's ratification, on 7 December 2006, of the EIB-Israel Framework Agreement, the European Union's long-term bank for project finance has resumed its operations in Israel after 11 years. Two loan contracts totalling €275 million were signed end December to finance environmental projects and SME investments.
The first EIB loan agreement of €200 million was signed with the Ministry of Finance and will finance...