Tunisia to receive $483 million in European loans, grants

Tunisia to receive $483 million in European loans, grants

The European Investment Bank on Tuesday announced grants and loans worth 450 million euros ($480 million) for crisis-hit Tunisia to support small and medium-sized enterprises and infrastructure projects.
   The EIB, the European Union's investment arm, said it was providing "new
financial support" to Tunisia, targeting "high-impact projects for the
population and the country's economic and social development".
   The financing will be formalized during the Tunisia Investment Forum to be
held on Wednesday and Thursday in Tunis, the bank said in a statement.

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