"EIB increases 'smart growth' support for Turkey
Author: Eleanor Salter
5 July 2011 - Issue : 943
The European Investment Bank (EIB) has increased its support for 'smart' growth in Turkey, with a €445 million financing package for climate change. The contracts were signed on the 4 July in a public ceremony by EIB Vice-President Matthias Kollatz-Ahnen and several other officials. Kollatz-Ahnen said: “Supporting smart growth is the quintessence of our financing policy in Turkey. Today's signatures in support of climate action and entrepreneurship are a decisive step forward not only for 'smart', but also for sustainable growth.' He then spoke of EU banks' support for Turkey and additional financing to support the country's rail infrastructure and its efforts to protect its forest resources."
More:EIB increases 'smart growth' support for Turkey - New Europe
