ADVERTISEMENT

EIB boosts Western Balkans financing by 50% in 2020

Banking

The European Investment Bank (EIB) increased its investments in the Western Balkans by 50% in 2020 to a total of EUR 873 million (USD 1.05 billion) and provided extensive support to the recovery from COVID-19 under the European Union's Team Europe initiative, it said.

The biggest part of the investment, EUR 531 million, was allocated to constructing and modernizing transport infrastructure in the Western Balkans, including a major investment on Corridor Vc in Bosnia and Herzegovina, that also benefited from a EUR 12 million grant provided under the EU Western Balkans Investment Framework (WBIF), the EIB said in a statement.

Opportunity in Domestic Cultivation of Berries Crops

Opportunity in Domestic Cultivation of Berries

Hungary Urges European Space Research Strategy EU

Hungary Urges European Space Research Strategy

Hungary's Largest Speculative Industrial Property Nearing Co... Logistics

Hungary's Largest Speculative Industrial Property Nearing Co...

White Party at The Duchess Coming This Weekend Drinks

White Party at The Duchess Coming This Weekend

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.