• Home
    • Foreign Exchange
    • Forex Demo Accounts
    • Forex Glossary
    • Forex Managed Accounts
    • Forex Products
    • Forex Strategies
    • Currency Pairing
    • Forex Trading
    • Forex Terms
    • Forex Technical
    • Forex Demo Accounts
    • Forex Scalping
    • Forex Swap
Lucky Room

Serbia Signs for a 200 Million Euro Loan by the EU

Home > Europe > Serbia Signs for a 200 Million Euro Loan by the EU

Tweet

Posted on July 27, 2010 by David Majors for Luckyroom.com

The deputy prime minister and responsible for European integration of Serbia, Mr. Bozidar Djelic and the Economic and Monetary Policy of the European Union Mr Olli Rehn signed an agreement to provide credit assistance to Serbia, totaling to 200 million Euros. The repayment period of the loan is 8 years at an annual rate of about 1%, as noted in his statement, Mr Djelic adding that if Serbia went to a loan from a free capital market the cost would be higher by 30 million Euro. The loan funds will be allocated to Serbia in two equal installments, the first of which in the summer or September and the second by the end of the year. The basic prerequisites for obtaining the loan will have to be approved by the Serbian government by the end of July and include the Law on fiscal responsibility, of which implementation aims to reduce the budget deficit. The agreement for the loan is proof of political and financial support provided by the European Union to Serbia, said Mr Rehn.

Latest News
  • India: Over the forecasts the growth rate
  • Barack Obama: US Economy is recovering slowly from a Heart crisis
  • Gergk Asmousen: Certain for a solution to the issue of guarantees for Greece
  • Swiss Franc stregthened against EUR and USD
  • “Smiles” in Europe from the auction of Italy

Leave a Reply

Click here to cancel reply.

Recommended

If you are new to forex trading we would recommend you begin with forex by issuing a forex demo account at markets247.com which allows possibilites for 100% free forex demo accounts with no expiration therefore allowing you to understand forex trading before you trade with real money.

In Other Languages

Forex | Συναλλαγές Forex | Mercado de divisas | FX | Форекс | 外汇交易 | Trading de devises | فوركس | Forex Indonesia | Forex Handel | Forex Nederland | Forex.se | Forex Italia | Forex CZ | Foreks | Forex Romania | Correctora Forex | Handel Forex | Forex 브로커 | Valutahandel

Forex trading has just become easy at markets247.com
Google News
  • Unemployment report: January job gains have economists rethinking outlooks - Washington Post
  • Susan G. Komen foundation revises policy that barred Planned Parenthood funding - Washington Post
  • Rounding Up 'the Rurals' To Corral Nevada Caucuses - Wall Street Journal
Stock Quotes
INDU0.00  chart+0.00
NASDAQ2905.66  chart+45.98
S&P 5001344.90  chart+19.36
FTSE0.00  chart+0.00
TOPS1.36  chart-0.09
GWF25.39  chart-0.07
INTC26.74  chart+0.46
C33.54  chart+1.55
1970-01-01 00:00
Credits

This website is sponsored by the #1 rated online bingo games directory. The site that offers multiple resources for free bingo, bingo online, no deposit bingo and bingo bonuses.

Our due respect to the forex broker guide for their ongoing help and support.

© All Rights Reserved  Online Casinos   Online Forex   Bingo Online   Contact   Wordpress   Forex Demo   Metatrader   Forex Brokers   News