€35m European Investment Bank loan will allow Cork County Council to kickstart €250m of projects

A major loan provided by the European Investment Bank (EIB) will enable Cork County Council to kickstart €250m of projects it hopes to complete within the next eight to 10 years.
The €35m loan agreement between the EIB and the local authority was signed today and the council is expecting to sign a further loan agreement, this time with the Council of Europe Development Bank for €34m next January.