Brussels – The European Investment Bank (EIB) has signed three agreements worth over 340 million euros in Bulgaria, Lithuania and Romania. These transactions benefit from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. A 150 million euros loan to the Bulgarian Development Bank will finance projects promoted by small and medium-sized enterprises (SMEs) and midcaps in Bulgaria. In Lithuania, a 190 million euros loan will support the construction of a new combined-heat-and-power (CHP) plant in Vilnius, which will act to reduce energy prices and cut emissions. Finally, in Romania, the EIB has signed an Advisory Services Agreement worth 1.5 million euros with the Ministry of Health of Romania to facilitate preparations for the construction of three regional hospitals in Iasi, Cluj-Napoca and Craiova. The agreements represent a step towards improving the geographical coverage of the European Fund for Strategic Investments (EFSI), a central objective of the EFSI 2.0 proposal.
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