The European Investment Bank is investing 6 million euros in infrastructure projects in Belgrade that are expected to be completed by 2015, Balkan News reports. The donation comes on top of EIB’s 2003 investment of 90 million euros for reconstruction projects in Serbia. Approximately 70 million euros of this investment has already been used, the news agency reports.
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About the author
Ivy Mungcal
As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.
