“For the financing of the production of [six] submarines in Turkey, an export credit agreement in the amount of 1.878 billion euros was signed between the Undersecretariat of the Treasury and bank consortium led by Bayerische Landesbank, and a commercial loan agreement in the amount of 309 million euros was signed between the Undersecretariat of the Treasury and a bank consortium led by WestLB London Branch on Dec. 31. The total amount of financing provided equals 2.187 billion euros,” the statement said.[hurriyetdailynews.com]