EIB signs €200 million loan with Denmark’s Fehmarn Landanlaeg to link rail network

EPA/NICOLAS BOUVY

A file photo dated 15 December 2008 showing an exterior view of the European Bank of Investment in Luxembourg. The European Investment Bank has put on hold lending to the German carmaker Volkswagen, amid concerns that a previous loan may have played a role in its emissions scandal, the president of the European Union's lending arm Werner Hoyer says 14 January 2016. 'For many, many years we have been active in high-tech research and development with Volkswagen,' Werner Hoyer said in Brussels. 'We were astonished, disappointed and we are now concerned about the allegations, including indications by senior company executives of improper and possibly fraudulent behaviour by Volkswagen.'

EIB signs €200 million loan with Denmark’s Fehmarn Landanlaeg to link rail network


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The European Investment Bank has signed a loan agreement with A/S Femern Landanlaeg, the company managing the Danish contribution to building of the “Fehmarn Belt” railway connection between southern Denmark and Hamburg in Germany.
The project is located on the Scandinavian Mediterranean TEN-T Core Network Corridor. It concerns construction of new tracks, upgrading existing ones to higher speed limits, electrification and implementation of the European Railway Traffic Management System.

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