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PM Sanader, Mayor Bandic sign agreement on joint funding of the lease of Zagreb Arena

ZAGREB, June 14 (Hina) - Prime Minister Ivo Sanader and Zagreb Mayor Milan Bandic on Thursday signed an agreement on the joint funding of the lease of Zagreb Arena, which will host the 2009 World Handball Championships.
ZAGREB, June 14 (Hina) - Prime Minister Ivo Sanader and Zagreb Mayor Milan Bandic on Thursday signed an agreement on the joint funding of the lease of Zagreb Arena, which will host the 2009 World Handball Championships.

The agreement provides for the payment of the annual lease of 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 Arena will be built on the southeastern outskirts of Zagreb.

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