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European Investment Bank to issue a 30-million-euro loan to Georgia

The money will be used for the modernization of the Samtredia-Grigoleti (Western Georgia) section of the East-West high-speed automobile road

VILNIUS, November 28, 22:44 /ITAR-TASS/. The European Investment Bank (EIB) will issue a long-term 30-million-euro credit to Georgia under an agreement signed by EIB Vice-President Wilhelm Molterer on Thursday.

Georgian Economics Minister Georgy Kvirikashvili who is staying in Vilnius told journalists that the loan had been granted for a period of 30 years with a 10-year grace period.

The money will be used for the modernization of the Samtredia-Grigoleti (Western Georgia) section of the East-West high-speed automobile road which has strategic importance for Georgia.

Eastern Economic Forum

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US using human rights topics to shake political situation in Russia — embassy

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Lavrov states West’s growing concern about BRICS plans to develop own financial tools

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FSB raids terrorist cell in Dagestan that funded, armed Crocus City Hall attackers

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Four women killed in Zaporozhye Region in Ukrainian drone attack

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Ukrainian presidential office confirms London’s agrement to Zaluzhny as ambassador

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West balancing on edge of direct military confrontation between nuclear powers — Lavrov

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NATO has no plans to deploy nuclear forces in Poland — Stoltenberg

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West battlegroup destroys two Ukrainian drones, hit over 170 Ukrainian army’s facilities

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Eleven Russians dead, 48 injured in Ukrainian strikes over week

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Destroyed TV tower in Kharkov carried Ukrainian air defense coordination device — official

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Republika Srpska president praises Moscow-Banja Luka relations, favors strengthening them

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Chinese car plant to start production at former Mercedes site in Moscow region in May

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France preparing contingent of 2,000 troops to be sent to Ukraine — intelligence chief

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Russia’s UN envoy, Serbian leader discuss coordination on Kosovo at UN

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