Opole borrows PLN 150 mln from EIB

The city of Opole has signed a long-term agreement with the European Investment Bank, according to which the bank will lend PLN 150 million for co-financing investment projects funded with EU funds. The authorities of the city assume that they will use PLN 25 million later this year and the next tranches will be paid out in the next few years until 2020. Spokeswoman for the city hall, Katarzyna Oborska-Marciniak, said that the money will be used as a contribution to enable the city to obtain EU funding.