European Investment bank plans to funnel €420 mln into Belarusian projects within 2 years

The European Investment bank may funnel €420 mln into Belarusian projects within 2 years. Head of state A.Lukashenko met today with the bank's vice president Alexander Stubb. The first agreements worth of €160 mln had been signed in Minsk the day before. This brings the relations onto a new level. The European Investment bank today is one of the biggest money lenders and borrowers in the world. Its capital stock is contributed to by all countries of the European Union. In fact, it is the main guide of the European investors into the promising markets. The bank's experts consider the Belarusian market to be among them.