Vilnius, EIB sign EUR 25 mln loan agreement
The city of Vilnius on Thursday signed a 25-million-euro loan agreement with the European Investment Bank (EIB).
This is the first 25-million-euro tranche of a 50-million-euro loan facility. The second tranche is expected to be signed next year.
"I can assure you that this loan is not because Vilnius is in a desperate situation, but because we need it to take a bold step. It is aimed at helping us car