Bucharest City Hall plans to contract a loan of up to EUR 350 million from the European Bank for Reconstruction and Development (EBRD) to finance public transport investments, including tram infrastructure upgrades and the purchase of new articulated trolleybuses. The borrowing proposal is scheduled to be put to a vote by the General Council on June 19, according to Buletin de București . If approved, the financing would be structured in four tranches, with the first amounting to at least EUR 75 million.