EU to lend €250 million to Georgia
for improvement of the highway between Caspian and Black Seas
European Investment Bank
TANAP Gets $1B In Funding
The European Investment Bank has approved the loans for the gas pipeline from Azerbaijan to Turkish and European markets
EIB approves loan for TAP gas pipeline
The European Investment Bank approved a 1.5 billion euro loan for the Trans-Adriatic Pipeline (TAP), part of a $40 billion project to bring new gas supplies to Europe. The European Union is trying to reduce its dependence on Russian gas …
EBRD ready to allocate $500 mln loan to TANAP
Azerbaijan’s Southern Gas Corridor Closed Joint Stock Company may receive $500 million loan for the Trans Anatolian Natural Gas Pipeline (TANAP) from the European Bank for Reconstruction and Development (EBRD) . A decision on …
EU to spend additional funds on fight against migration crisis
The head of the European Investment Bank (EIB) Werner Hoyer stated that the bank intends to invest two times more funds than it was previously planned in projects outside of the European Union in order to reduce the flow of …
