World Bank loan of some 25 mln euros for Timisoara City Hall

International Finance Corporation (IFC), a World Bank division, is extending a loan of RON 112 million, some 25 million euros respectively, to Timisoara City Hall for developing the city's social and municipal infrastructure.The agreement was signed on Tuesday by the IFC Director for Europe and Central Asia, Tomasz Telma and Timisoara Mayor Nicolae Robu, at the World Bank ...

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