La presente informativa è resa, anche ai sensi dell’art. 13 del D. Lgs. 196/2003 “Codice in materia di protezione dei dati personali” (“Codice Privacy”) 
e degli artt. 13 e 14 del Regolamento (UE) 2016/679 (“GDPR”), a coloro che si collegano alla presente edizione online del giornale Tribuna Economica di proprietà di AFC Editore Soc. Coop. 

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The European Investment Bank (EIB) will provide €890 million to Adif Alta Velocidad to finance the high-speed rail line connecting Madrid and Extremadura. This will help see the European Atlantic Corridor through to completion and significantly improve the

connection between Spain and Portugal. The project is backed by the European Regional Development Fund and will receive Trans-European Transport Network (TEN-T) support.

The EIB and Adif Alta Velocidad have signed a €300 million loan agreement – the first tranche of a total of €890 million that the EIB will provide to develop this project.

More specifically, the EIB will finance the 282 km connection between Talayuela (on the border between the Autonomous Communities of Extremadura and Castilla-La Mancha) and Badajoz (on the Portuguese border), linking the cities of Navalmoral de la Mata, Plasencia, Cáceres, Mérida and Badajoz. The new high-speed line will be for mixed traffic (passengers and freight), and will significantly reduce journey times between the Spanish capital and Extremadura, a cohesion region that is home to over 1 million people. It will also greatly improve the connection between Spain and Portugal, facilitating interoperable and efficient freight connections to and from the south of Portugal.

The EIB financing will help reduce Co2 emissions, traffic and journey times between Spain and Portugal, benefiting more than 2.6 million passengers a year. At the same time, these investments will help boost the economic recovery following the COVID-19 crisis and will drive the employment of around 17 000 people during the construction phase.

Since 1991, the EU bank has provided over €12 billion to promote high-speed rail in Spain, financing various projects including bringing high-speed trains to Seville, Barcelona, Valladolid, Burgos, Malaga, Córdoba, Alicante and Valencia. It is also financing the so-called “Y vasca” (the construction of a high-speed line between Vitoria, Bilbao and San Sebastián) and the Alicante-Murcia line.