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European Union plans to invest $300 million in Nicaragua

Tuesday, October 19, 2010


The European Union plans to invest $300 million in the electrification of Nicaragua’s countryside.
 
Mendel Goldstein, the representative of the European bloc, said that $7 million will be donated. The remainder will be a loan. No further details were available.
 
Goldstein also announced that Europe will be launching a $3 million food program to help Nicaragua’s poor.
 
 
Original source (in Spanish): Associated Press