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Europe Daily Bulletin No. 9750

30 September 2008
Contents Publication in full By article 31 / 41
GENERAL NEWS / (eu) eu/eib/france
€175 million loan for Orléans tramway

Brussels, 29/09/2008 (Agence Europe) - On 25 September, the European Investment Bank (EIB) and the Communauté d'Agglomération Orléans Val de Loire (AgglO) signed a memorandum of understanding for a direct loan of €75 million to finance the CLEO project, the tram system of Orléans. Another €100 million is to be in the form of a direct loan by the EIB through its banking partners in 2009.

The EIB agreed to finance the AgglO project because of the beneficial impact that it will have on...

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