Signature(s)
Summary sheet
Global Loan for the financing of smaller scale projects in the Baltic Sea region, carried out by SMEs and/or public sector promoters primarily in the fields of environmental, rational use of energy, infrastructure including health and urban renewal, development of a knowledge-based economy (i2i), education and training.
The Global Loan would be fully in line with the Bank’s strategic objectives, in particular Economic and social cohesion and Regional Development. It will support smaller investments, in Poland and the Baltic States, which are of crucial importance for economic growth and modernization. All of the funds will contribute to the respective countries’ convergence within the EU, as the whole region is defined as an Objective 1 assisted area.
Compliance with EU and national environmental legislation and guidelines will be made a condition for each allocation under the global loan.
Compliance with EU Directives and national legislation and guidelines is made a condition for each allocation under the global loan.