Regional authorities in Calabria receive €100 million for sustainable agriculture and infrastructure
Italy, Jan. 30 -- The European Investment Bank (EIB) and the Italian region of Calabria have signed finance contracts totalling €100 million to promote youth employment, the development of modern infrastructure and the green transition via sustainable farming practices, clean mobility and water efficiency. The partnership was announced today in Rome by EIB Vice-President Gelsomina Vigliotti and Calabria Region President Roberto Occhiuto at the presentation of EIB Group results in Italy in 2024.The €100 million in loans signed today comprise the first €50 million tranches of two broader financing packages for the region of Calabria totalling €300 million approved by the EIB. With favourable conditions and a 25-year te...
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