CZECH REPUBLIC – CYPRUS EIB WATER LOANS
May 1st, 2006
BY KEITH NUTHALL THE EUROPEAN Investment Bank (EIB) has announced plans to help (Greek) Cyprus and the Czech Republic improve their water utility standards to ensure compliance with the European Union (EU) urban wastewater treatment directive. In the Czech Republic, the bank wants to funnel up to CZK 5,200 million (Euro 182 million) through the national agricultural ministry to improve rural water supply and disposal systems. The aim is to subsidise water system reforms, making them more affordable, even those that are also eligible for EU regional aid grants. ...
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