Serbia, Russia sign loan agreement

An agreement on a loan worth USD 200mn will has been signed in Moscow today by Serbian and Russian officials.

Izvor: Tanjug

Wednesday, 07.04.2010.

09:22

Default images

An agreement on a loan worth USD 200mn will has been signed in Moscow today by Serbian and Russian officials. The figure is part of the Russian loan of about USD 1bn, and is to be used as support to Serbia's budget. Serbia, Russia sign loan agreement Serbian and Russian presidents Boris Tadic and Dmitry Medvedev reached an agreement on the loan in principle last year, during Medvedev's visit to Belgrade. Today, Serbian Finance Minister Diana Dragutinovic and Russian Deputy Finance Minister Dmitry Pankin signed the deal. "The loan will be approved as a support to the budget of Serbia and for the funding of the country's deficit," a statement from the Ministry of Finance said ahead of the signing today. The annual interest rate will be determined using the Libor interest rate for six-month deposits in U.S. dollars, plus 2.95 percent. The grace period is until March 2012 while the maturity date is the end of 2021, the statement read. Dragutinovic, Pankin in Moscow today (Beta)

Serbia, Russia sign loan agreement

Serbian and Russian presidents Boris Tadić and Dmitry Medvedev reached an agreement on the loan in principle last year, during Medvedev's visit to Belgrade.

Today, Serbian Finance Minister Diana Dragutinović and Russian Deputy Finance Minister Dmitry Pankin signed the deal.

"The loan will be approved as a support to the budget of Serbia and for the funding of the country's deficit," a statement from the Ministry of Finance said ahead of the signing today.

The annual interest rate will be determined using the Libor interest rate for six-month deposits in U.S. dollars, plus 2.95 percent.

The grace period is until March 2012 while the maturity date is the end of 2021, the statement read.

Komentari 16

Pogledaj komentare

16 Komentari

Možda vas zanima

Podeli: