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Government endorses agreement on joint funding of Arena Zagreb lease

ZAGREB, June 13 (Hina) - The Croatian Government on Wednesday endorsed an agreement on the joint funding of the lease of the Zagreb Arena with the City of Zagreb, the Government's Public Relations Office said in a statement.
ZAGREB, June 13 (Hina) - The Croatian Government on Wednesday endorsed an agreement on the joint funding of the lease of the Zagreb Arena with the City of Zagreb, the Government's Public Relations Office said in a statement.

The agreement provides for the payment of the annual lease of the Zagreb Arena in the amount of EUR 7.5 million to be equally split between the Government and the City of Zagreb.

The amount of the lease will be reduced by the amount generated from the sublease of the Arena, the statement said.

The Arena will be built on the southeastern outskirts of Zagreb for the 2009 World Handball Championships to be hosted by Croatia.

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