EU's first 'project bonds' project in trouble - Main contents
Source: EUobserver (EUOBSERVER) i, published on Wednesday, October 30 2013, 14:18.
The EU's "Project Bond Initiative", cheap loans designed to boost investments, is having a bad start in Spain. The Castor Project -a €1.6bn gas storage project - has been halted due to earthquakes. If cancelled, Spanish taxpayers will have to foot the bill, NGOs warn in an open letter.
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