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Serbia to Sign Loan Agreement with Russia

Published: January 10, 2013; 06:01 · (Vindobona)

Tomorrow, Serbia´s Minister of Finance Mladjan Dinkic will visit Moscow.

Serbia to Sign Loan Agreement with Russia / Picture: © Vindobona.org

Together with his Russian counterpart Anton Siluanov, Dinkic will sign a major loan agreement. In total, Russia grants a $ 800m loan to the Republic of Serbia.

The two countries have agreed on the conditions at the end of 2011. Already in 2008, Russia and Serbia have entered negotiations. The interest rate comes at 4.1%. According to Dinkic, the funds will be used for the…

This article includes a total of 102 words.

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