VOL. XXXVI

NO. 26

29-MARCH-1993

ALGERIA

EIB Approves $233mn Loan to Transmed Pipeline

The European Investment Bank (EIB) approved on 24 March a loan of ECU 195.8mn($232.8mn) for the expansion of the Transmed gas pipeline network within Italy.A spokesman for the EIB said that the loan was provided under the ECU 5bnEdinburgh facility agreed at last December's EC Summit to help improve economicgrowth in the European Community. In July 1992 the Transmediterranean PipelineCompany, a joint venture...