Russia to Support Serbia Financially

Politics ♦ Published: July 11, 2013; 18:28 ♦ (Vindobona)

Russian government paid $300 million of financial support to the budget of Serbia.

Russia to Support Serbia Financially / Picture: © Vindobona.org

Serbia's Ministry of Finance and Economy announced that the Russian government paid $300 million of financial support to the budget of the Republic of Serbia. The government of Serbia in April this year signed a loan agreement with the Russian Federation in the amount of $500 million for budget support.

The loan was granted for a period of ten years with a grace period of two…