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International round-up

CZECH REPUBLIC: The European Investment Bank (EIB) is lending E30M ($35M) to the Czech Republic for upgrading roads in the Olomouc region, Central Moravia. The project will improve access to the trans-European network roads, helping the Olomouc region to profit better from its location as a transit area between Poland and Slovakia. Cash will finance road upgrades under the region's investment programme for 2005 to 2008. Parts of the projects will be co-financed by the EU Structural Funds.

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