8th March 2013
Wednesday, June 19th, 2013
EIB to lend record amount for Polish projects
The European Investment Bank (EIB) plans to lend a record amount of €5.5 billion for projects in Poland, Vice President Anton Rop said. Lending for energy projects alone, will amount to €1 billion this year.
With €4.4 billion, Poland accounted for half of the loans the EIB granted in 2012 to the 12 new EU member states. It helped finance the upgrade of a highway from the capital Warsaw to Wroc³aw and the modernization of power distribution networks for Tauron Polska, Energia and Enea.
In November 2012, EIB, the European Bank for Reconstruction and Development and the World Bank had said they would support eastern European countries with €30 billion in the next two years.
From Warsaw Business Journal
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