EIB Injects $210M Into Ukraine Metro Expansion Project

Law360, New York (October 28, 2013, 5:59 PM EDT) -- The European Investment Bank will contribute €152 million ($210 million) in financing to extend the Dnipropetrovsk metro line in Ukraine over the next 25 years as the bank works to fight climate change, according to an agreement signed Monday by the bank and Ukraine's finance minister.

The project will grow the metro line, currently the shortest in the world, by 4 kilometers, adding three stations and bringing service to the Dnipropetrovsk city center and other areas of high density. The EIB and the European Bank for...
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