Greece to finance Corridor 10

The Greek government will donate EUR 100mn to help finance the construction of a section of Corridor 10 as far as the Macedonian border.

Izvor: FoNet

Thursday, 09.10.2008.

15:28

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The Greek government will donate EUR 100mn to help finance the construction of a section of Corridor 10 as far as the Macedonian border. That was confirmed during a meeting between Economy Minister Mladjan Dinkic , Greek Foreign Minister Dora Bakoyannis and Finance Minister George Alogoskoufis in Athens. Greece to finance Corridor 10 The deal seals the complete funding for Corridor 10 construction, read a statement. The project will cost EUR 1.6bn overall. Dinkic said earlier that the European Investment Bank would provide EUR 540mn in loans, the European Bank for Reconstruction and Development EUR 150mn, the World Bank EUR 400mn, while EUR 395mn would be provided from Serbian privatization revenue, the statement concluded.

Greece to finance Corridor 10

The deal seals the complete funding for Corridor 10 construction, read a statement.

The project will cost EUR 1.6bn overall.

Dinkić said earlier that the European Investment Bank would provide EUR 540mn in loans, the European Bank for Reconstruction and Development EUR 150mn, the World Bank EUR 400mn, while EUR 395mn would be provided from Serbian privatization revenue, the statement concluded.

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