Independent journal on economy and transport policy
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Undersigned the contract for the loan of 90 million euros of the BEAUTIFUL ones to the port of Livorno
The sum will serve to finance the main programmed work in three years 2016-2019
April 29, 2016
Today in the center of the Harbour Authority of Livorno the extraordinary commissioner of the agency, Giuliano Gallanti, and the vice head of the operating department of the European Investment Bank (BEAUTIFUL) for the financings of Italy and Malta, Alessandro Izzo, the financing contract has undersigned that establishes the distribution by the financial institution of the EU of a loan of 90 million euros to the harbour authority to reimburse over 20 years
The money, that they will be put on in 15 tranche from six million euro, will serve in order to finance the main programmed work in three years 2016-2019 ( on 17 March 2016). From time to time, for every tranche, the Harbour Authority will be able to decide if to pay in instalments the debit resorting to a fixed rate or a variable one. "We have made a simulation on the applied rates - it has specified the administrative leader of the harbour agency, Simone Gagliani - if we approached the loan already today, the costs of money would be almost pairs to zero".
Draft - it has emphasized Gallanti - of "a large opportunity for the port of Livorno and, permettetemi to say it, for all the territory. The BEAUTIFUL ones finance in fact only valid definitive projects, that is those which not only carry benefits to the economy in financial terms but also in social and environmental terms".
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Today in the center of the Harbour Authority of Livorno the extraordinary commissioner of the agency, Giuliano Gallanti, and the vice head of the operating department of the European Investment Bank (BEAUTIFUL) for the financings of Italy and Malta, Alessandro Izzo, the financing contract has undersigned that establishes the distribution by the financial institution of the EU of a loan of 90 million euros to the harbour authority to reimburse over 20 years
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
