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Europe Daily Bulletin No. 9689

25 June 2008
Contents Publication in full By article 15 / 28
GENERAL NEWS / (eu) eu/eib
€200 million loan to upgrade telecommunications in Hungary

Brussels, 24/06/2008 (Agence Europe) - The European Investment Bank (EIB) has just granted Hungary a loan of 50.6 billion Hungarian forints (€200 million) to upgrade its telecommunications network. The EIB loan will co-finance the expansion of third-generation mobile coverage, and will improve telecommunications services and accessibility, with improving access in rural areas one of the main priorities. “I am very pleased that EIB funds are helping to strengthen the competitiveness of...

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