IN BRIEF – MIDDLE EAST
- From: Vol 8, Issue 1 (January 2007)
- Category: Brief
- Region: Middle East
- Country: Israel
- Related Companies: Global Environmental Solutions, H2Q Water Technologies Ltd. and Strauss-Elite Ltd.
* For the first time, the European Investment Bank (EIB) is granting credits of €275 million to finance projects in Israel.
Of the total sum, the amount of €200 million is earmarked for local authorities’ water and sewerage projects. The EIB credit was made possible after the cabinet ratified a framework agreement with the EIB. Israel’s minister of finance Avraham Hirschson said that the EIB’s entry into economic activity in Israel “is a sign of confidence in Israel’s ...
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