Luxembourg, 25/09/2007 (Agence Europe) - The European Investment Bank (EIB) is to provide €300 million to finance the Madrid-Segovia-Valladolid high-speed train line. This is the EIB's fourth contribution to high-speed train lines in Spain, following the Madrid-Seville, Madrid-Barcelona and Córdoba-Málaga lines. It is also the first loan signed in Spain with an exceptionally long maturity of up to 50 years.
The new high-speed line will be 196 km long and will cut journey times from...