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DUBROVNIK TO HOST ANNUAL SESSION OF COE DEVELOPMENT BANK IN JUNE

ZAGREB, April 20 (Hina) - Croatia will host this year's annual meeting of the Council of Europe's Development Bank, to take place on June 18/19.
ZAGREB, April 20 (Hina) - Croatia will host this year's annual meeting of the Council of Europe's Development Bank, to take place on June 18/19. #L# The Development Bank Steering Committee proposed at its regular session in Paris on Friday that Dubrovnik host this year's annual session of the Development Bank. The meeting, which was to be held in Ohrid, Macedonia, has been relocated due to the current situation in that country. Croatia was originally to host the Bank's annual meeting in June 2003, the Croatian Foreign Ministry said in a statement today. Taking into account the new situation and its successful cooperation with the Development Bank, the Croatian Government has accepted this proposal and the session will be held on June 18/19 this year. Attending today's meeting in Paris was Croatia's permanent representative at the Council of Europe, Neven Madey. This year's meeting of the Development Bank will gather more than 100 high officials - members of the Bank's Steering Committee and Administrative Council as well as the Council of Europe Secretary- General and representatives from several international financial institutions. Development Bank representatives are expected to meet Croatian state officials. The Council of Europe's Development Bank has granted Croatia very favourable loans for the reconstruction of its school and health infrastructure as well as for refugee return projects and the reconstruction of a Franciscan monastery in Dubrovnik. (hina) rml

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