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CRO GOVT REQUESTS LOAN FROM CEB FOR RECONSTRUCTION OF SCHOOLS

ZAGREB, May 19 (Hina) - The government sent a bill on the confirmation of a frame loan agreement between Croatia and the Council of Europe's development bank (CEB) on the reconstruction of schools amounting to about 98.7 million kuna (about DM26.5 million) into an urgent parliament procedure. The project aims at the reconstruction of 41 schools in war- effected areas in eight counties -- Sisak-Moslavina, Karlovac, Lika-Senj, Brod-Posavina, Zadar, Osijek-Baranja, Sibenik-knin and Vukovar-Srijem. The project on the reconstruction of schools in Croatia is worth about 194.4 million kuna (about D52.1 million). The CEB would finance 50 percent while the other half would be covered with funds from the state budget. The CEB granted Croatia the loan to a ten-year period.(hina) it
ZAGREB, May 19 (Hina) - The government sent a bill on the confirmation of a frame loan agreement between Croatia and the Council of Europe's development bank (CEB) on the reconstruction of schools amounting to about 98.7 million kuna (about DM26.5 million) into an urgent parliament procedure. The project aims at the reconstruction of 41 schools in war- effected areas in eight counties -- Sisak-Moslavina, Karlovac, Lika-Senj, Brod-Posavina, Zadar, Osijek-Baranja, Sibenik-knin and Vukovar-Srijem. The project on the reconstruction of schools in Croatia is worth about 194.4 million kuna (about D52.1 million). The CEB would finance 50 percent while the other half would be covered with funds from the state budget. The CEB granted Croatia the loan to a ten-year period. (hina) it

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