Home » Business » Croatia Receive €300 Million Loan to Finance Priority Projects

Croatia Receive €300 Million Loan to Finance Priority Projects

euroThe European Investment Bank (EIB) has approved a loan of 300 million euros, out of a total planned loan of 600 million euros, on Monday which will be used to help finance priority projects in Croatia…

Energy, transport, health, infrastructure, urban regeneration and water and waste management projects are some of the areas flagged as ‘priority’ and the EIB loan will be used to co-finance those with EU funds.

“The EIB loan will co-finance priority projects worth an estimated 8.1 billion euros, which will help improve the quality of life for Croatian citizens. The funds will facilitate the absorption of EU grants and will benefit the Croatian economy in terms of accelerating economic growth, strengthening competitiveness and increasing job creation,” Dario Scannapieco from the EIB said on Monday.

The EIB have financed projects worth around 4.5 billion euros since they started to be active in Croatia in 2001.



Share on:
5 / 5 (1 votes)

Sign up to receive the Croatia Week Newsletter

Related Posts

USA Swim Team to Use Croatia as Training Base

The USA Swim Team will use Croatia once again as a training base ahead of the 2017 World Championships in Hungary next month. Team USA will be based in Opatija on Croatia’s northern Adriatic coast for a 7-day training camp. Prior to arriving in Budapest, Hungary, for the 2017 World Championships, Team USA will have...

Foreigners Who Made Croatia Home: Meet Alvaro from Colombia

By Iva Ralica In our feature ‘Foreigners who made Croatia home’ – we meet people who have decided to move and make a new life in Croatia. We find out why they came and stayed, what they enjoy about their ‘new’ home, how they getting on with the language, and what tips they have for...

Croatian Innovators Combat Bike Theft with Unique Lock Solution

A Croatian startup have decided to combat the rising number of bike thefts by developing a unique security solution. Natko Bošnjak (27), Slaven Pokrivko (28) and Antonio Filipović (27) from Zagreb have developed Bike2Lock. “Bike2Lock is the only security solution that allows parking and complete security lock of the bike while parked in public areas....

[PHOTOS] First Theme Park in Croatia to Open this June

The first theme park built-in Croatia will open its doors to the public in June this year. Construction is in full swing at Fun Park Mirnovec, which is located 2 km south of the Dalmatian town of Biograd na Moru. Designed by Italian Amusement Design specialists Bausaa, it will be the first theme park in...

First Le Dîner en Blanc in Croatia Almost Sold Out

Zagreb’s very first Diner en Blanc is almost sold out. The first Le Dîner en Blanc in the region will be held in the Croatian capital at a secret location on 20 May 2017. Diner en Blanc is a worldwide event, spanning six continents, in which people flash-gather in a public space and set up...

[VIDEO] Spectacular First Ever Slackline Across Red Lake in Imotski

Situated in the Dalmatian Hinterland on the northern side of Biokovo, Red Lake in Imostki, which is the third largest sinkhole in the world, has been attracting adrenaline daredevils recently. Last month French cave diver Frederic Swierczynski became the first person in the world to dive to the bottom of Red Lake. Swierczynski touched the...