The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and the European Investment Bank (EIB) are joining forces to support Serbia’s large-scale modernisation of the rail link connecting Belgrade to the country’s second-largest city, Niš. The three organisations are providing a €2.2 billion financing package to Serbia for a much-needed upgrade of the strategic rail link, which forms part of the Pan-European Corridor X railway axis. The package includes a €550 milli
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