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Thursday, December 17, 2009

EU's bank launches energy fund for Balkans, Turkey | Markets | Reuters

"EU's bank launches energy fund for Balkans, Turkey
Thu Dec 17, 2009 12:27pm GMT

BRUSSELS, Dec 17 (Reuters) - The European Investment Bank and other lenders launched a new fund on Thursday to invest in energy efficiency projects in the western Balkans and Turkey.

Initially worth 95 million euros ($136.8 million), the fund is expect to grow to 400 million euros over the next four years, the European Union's financing arm said in a statement."

More:EU's bank launches energy fund for Balkans, Turkey | Markets | Reuters