Govt borrows €150m from Europe for new Luas line

Govt borrows €150m from Europe for new Luas line

Tue, 04 Mar, 2014 - 15:55

The Luas Cross City Line is getting a cash boost from Europe.

A contract has been signed between the European Investment Bank and the Government for a €150m loan over a 25-year period.

It will help to cover the cost of building the line as well as 13 new stations and 10 new trams.

Irish Examiner’s WhatsApp channel

Follow and share the latest news and stories

more courts articles

Man admits killing Irish pensioner (87) on mobility scooter in London

Man admits killing Irish pensioner (87) on mobility scooter in London

Former DUP leader Jeffrey Donaldson arrives at court to face sex charges

Former DUP leader Jeffrey Donaldson arrives at court to face sex charges

Case against Jeffrey Donaldson to be heard in court

Case against Jeffrey Donaldson to be heard in court

More in this section

Asylum-seekers removed

Mount St asylum seekers could face prosecution if they return; 60 arrive at Newtownmountkennedy

RTE pay revelations

RTÉ 'unaware' ex-employee jailed for possessing child sex abuse imagery until after resignation

Dental stock

'I routinely take out 20 teeth for two-year-old children': Dentists warn of decay from sugary drinks

Courts Heathrow Place: Europe Place: Luas line Organisation: LUAS Cross City Line Organisation: European Investment Bank

<p>Migrants who were living outside the Office of International Protection have been moved (Niall Carson/PA)</p>

Some asylum seekers still without beds after Dublin 'shantytown' dismantled

War_map

© Examiner Echo Group Limited