EBRD Grants Major Loan to Macedonia

Politics ♦ Published: August 22, 2012; 17:09 ♦ (Vindobona)

Macedonia was granted € 46.4m by EBRD for construction of the railroad to Bulgaria.

EBRD Grants Major Loan to Macedonia / Picture: © Wikimedia Commons / By MacedonianBoy ([1]) [CC BY-SA 3.0]

Macedonia was officially granted EUR 46.4 million from the European Bank for Reconstruction and Development, by which, starting next year, the construction of Kumanovo-Beljakovce section, which should connect our country with Bulgaria, will commence.

Loan Agreement was signed by Vice Prime Minister and Minister of Finance, Zoran Stavreski and EBRD Director for Transport Sue…