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EBRD to provide EUR 160-mln loan to extend subway in Kharkiv
Journal Staff Report

KYIV, Dec 1 - The European Bank for Reconstruction and Development (EBRD) will provide Ukraine with a EUR 160 million loan for the extension of the "green" subway line in Kharkiv.

According to the announcement posted on the bank's website, the bank board of directors approved this project on November 29 this year.

The EBRD said the European Investment Bank (EIB) will provide co-financing of the same amount in the form of a sovereign loan, which it approved in September.




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