By John Smith • 07 August 2020 • 11:04
Smog over Barcelona
Credit: Barcelona Council
SPAIN is receiving a great deal of funding from the European Investment Bank (EIB) and the latest announcement shows that it will provide €95 million for a number of urban regeneration projects in Barcelona.
A significant percentage of this investment will be to create a new concept of housing where the majority of vehicle traffic is only allowed around the perimeter of the neighbourhood with priority given to pedestrian and where cars are allowed, speeds will be carefully controlled.
Earlier this year, the City acknowledged it had a climate emergency and this investment may help to turn the tide in the long run.
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Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica.
Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene.
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