Moldova: EIB to provide additional loan worth 100 million euros for national roads’ repair

The European Investment Bank (BEI) will provide Moldova with an additional loan worth 100 million euros. The members of the parliament’s commission for foreign policy and European integration have approved a consultative note for starting negotiations and approving the signing of the contract on financing between Moldova and EIB for the supply and carrying out,…

Georgia: downtown Tbilisi avenue closed for road works

Traffic movement and municipal transport routes will be restricted on downtown Tbilisi’s Rustaveli Avenue between until December 5 for planned road repair works, Tbilisi city hall has announced. Vehicles are directed from the avenue through Leo Kiacheli and Giorgi Akhvlediani streets in the direction of Merab Kostava Street, and to Heroes Square through Niko Nikoladze…

Moldova: 100 million euro-loan to be spent on construction and rehabilitation of roads

The Republic of Moldova will receive a loan of 100 million euros for the construction and rehabilitation of roads. On November 9, the parliamentary committee on foreign policy and European integration approved the initiation of negotiations with the European Bank for Reconstruction and Development (EBRD) to amend the loan agreement previously concluded with the country.…