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Sat September 19 2020

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Bulgaria gets €500m for transport projects

28 Nov 14 Bulgaria has secured a €500m (£396m) loan from the European Investment Bank (EIB) for priority projects in the areas of transport and the environment.

The EIB loan will co-finance priority projects with a total investment amount of €4.3bn.

“This will accelerate the absorption of EU grants for the benefit of the national economy, strengthening its competitiveness and fostering economic growth and employment,” said EIB vice-president László Baranyay.

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