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HR-AGREEMENT-Politika BRIEF NEWS BULLETIN IN ENGLISH BRIEF NEWS BULLETIN IN ENGLISH NO. 4457HINA Zagreb, 26 November 2001HBOR, EIB SIGN 10 MILLION EURO WORTH LOAN AGREEMENTZAGREB, Nov 26 (Hina) - The Croatian Bank for Reconstruction
and Development (HBOR) and the European Investment Bank (EIB) on Monday signed their first agreement, on a global loan worth 10 million euros, intended for small and medium-scale businesses, industry and tourism. The agreement was signed by HBOR management board chairman Anton Kovacev and EIB vice- president Ewald Novotny. The EIB is owned by members of the European Union. The state's guarantee for the loan was signed by Croatian Finance Minister Mato Crkvenac. The loan was granted at a fixed interest rate established by the EIB on the date the funds are drawn (it ranges between four and 4.5 percent annually). The maturity is 12 years for small and medium-scale business projects, and 15 years for infrastructure projects. Stressing that the EIB's credit port