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ES
Czechia to Borrow Record CZK 24 Billion for Railway Modernization
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Prague Monitor
The Czech Republic has embarked on an unprecedented endeavor by securing a substantial loan from the European Investment Bank. He states, “Through the favorable terms of the European Investment Bank’s loan, featuring lower interest rates, we can allocate resources to long-term, strategically important investments. The movement toward enhancing rail networks is not unique to the Czech Republic; various European countries, such as France and Italy, are exploring ambitious plans to link their high-speed railway systems.