08/07/2009 (Agence Europe) - The European Investment Bank (EIB) is to lend CZK 1 billion to finance strategic development projects in the city of Olomouc for the period 2007-2013. The projects, some of which will also receive support from the EU structural funds and cohesion funds, aim to improve the quality of life of citizens and strengthen the city's competitiveness. (O.L./transl.jl)