Earth Hour 2016 – Lights out at the EIB

During an official ΕIB visit to Sofia, a loan of EUR 43.5 million for urban road transport in the Bulgarian capital was signed. On this occasion, the EIB also signed a Memorandum of Understanding that will facilitate the implementation of large infrastructure projects in Bulgaria as well as a EUR 50 million facility with Eurobank EFG Bulgaria, for funding small and medium-sized companies in the country.

The EIB is providing two loans in Hungary: EUR 200 million to co-finance investments focused on the development, management and protection of forests and EUR 150 million part-financing focused on the growth and expansion of employment.

The European Investment Bank (EIB) has signed agreements with Buenavista Infrastructure and Arcano Partners to channel a total of €410 million to new urban development projects (including those promoting affordable housing) and others related to sustainable tourism.