EBRD to provide EUR 50 million loan for infrastructure projects in Zagreb

by   CIJ News iDesk V
2022-05-05   16:15
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The European Bank for Reconstruction and Development announced it will provide EUR 50 million loan for infrastructure projects in Zagreb, the capital of Croatia, to support its vital public utilities, including water and transport.

This support will meet the liquidity and working capital needs of these critical infrastructure providers, and compensate for temporary revenue losses due to the Covid-19 crisis and the earthquakes that hit the Zagreb area in 2020, causing an estimated EUR 11 billion in damages.