Non-official data published recently by the Syrian media revealed that the European Union has stopped all loans from the European Investment Bank to Syria, valued at hundreds of millions of euros. Statistics revealed that most of the loans were earmarked for development projects or the support of development and modernization of infrastructure and transport, including financing part of a European civilian aircraft deal to modernize the Syrian fleet.
� 2011 Al Bawaba (www.albawaba.com)
Source: http://www.albawaba.com/business/european-investment-bank-stops-loans-syria-390273
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