EIB To Provide EUR50mn Sofia Road Loan
News: The European Investment Bank (EIB) has announced that it will provide a EUR50mn (US$67.6mn) loan to the municipality of Sofia, reports EIB. The loan will finance the development of a road transport infrastructure programme. This will include a number of construction and rehabilitation projects within the Bulgarian capital. Work will be undertaken in the period between 2013 and 2016.