Germany Lends Albania $55 Million for Energy Link Project

July 26, 2016 12:39 PM

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Germany is lending 50 million euros ($55 million) to Albania to help it build a power line with neighboring Macedonia.

Under the terms of the agreement signed Tuesday between Albania's Energy Ministry and the German Embassy in Tirana, 30 million euros has been released. The remaining 20 million will come in September.

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