Serbia to get 500-million-euro loan for Belgrade-Niš railway line
Serbia will in all likelihood secure a loan of 500 million euros from the European Bank of Reconstruction and Development (EBRD) in order to upgrade the railway line connecting Belgrade to Niš. Once this upgrade is completed, freight and passenger trains will be able to run at a speed of 200 kilometres per hour from Niš up till Novi Sad, north of Belgrade.
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