Serbia, Dec. 16 -- The European Union has committed €134 million to modernise, reconstruct and electrify the Nis-Dimitrovgrad railway section. The financing package includes a €100 million European Investment Bank (EIB Global) loan to upgrade the Si?evo-Dimitrovgrad rail line, electrify and install signalling along the entire Nis-Dimitrovgrad route. This is complemented by a €34 million EU grant for constructing a rail bypass around Nis.These investments will significantly improve railway capacity, safety and service quality, while decreasing traffic bottlenecks in the city of Nis. With these latest agreements, the European Union's support for this section has reached €342 million, including €234 million in EIB...