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Loan from EIB to boost rural development
20 Feb 2014 Flash News
The European Investment Bank (EIB) is expected to provide a €120 million loan to Slovakia for various projects within the Rural Development Programme for 2007-13, according to a draft agreement submitted to the government by Finance Minister Peter Kažimír. The document was approved by the government at its session on February 19.
“It’s one of the EIB’s priorities to mitigate [the consequences] of climate change, which could be aided in a significant way by forestry and rural development,” reads the document, as quoted by the TASR newswire.
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