The European Investment Bank (EIB) has said it has approved EUR 7.3 B in loans for investment across Europe and around the world. At a meeting in Malta’s capital Valetta, its Board of Directors gave the green light for the funding to be allocated to strategic infrastructure, the environmental and knowledge economy as well as private sector schemes.Of these loans, eighteen, to the tune of EUR 2.8 B will be backed by the European Fund for Strategic Investments (EFSI). The financing will be for 47 new projects.Some EUR 2.2 B will be allocated for the upgrade of railroad infrastructure in …read more
Source: Novinite
