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06 Jun
17:31

New fund to supplement EU infrastructure project financing

Polish and Romanian state-owned banks have established the “Three Seas Initiative Investment Fund” that will help finance infrastructure projects in countries likely to receive reduced EU funding. Poland’s national development bank, Bank Gospodarstwa Krajowego (BGK), and Romania’s export-import EximBank signed an incorporation agreement for the fund that will operate under Luxembourg law on a commercial basis. It will focus on transp…
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