ZAGREB, Feb 25 (Hina) - The Croatian government on Thursday proposed the ratification of two loan agreements with the European and the World Reconstruction and Development Banks (EBRD and WBRD) intended for the modernisation of the
Croatian Railways company. The WBRD loan, totalling US$101 million, has been granted with a 15-year service period, a five-year grace period, and a 3.44 percent interest rate. The EBRD loan of US$35 million has been granted with a 12-year service period, a three-year grace period, and a six percent interest rate. The government also passed decisions on initiating proceedings for the signing of three conventions - the European Social Charter and Additional Protocol, the European Outline Convention on Transfrontier Cooperation Between Territorial Communities or Authorities, and the European Convention on the Enforcement of Children's Rights. Also adopted was part of a programme for
ZAGREB, Feb 25 (Hina) - The Croatian government on Thursday
proposed the ratification of two loan agreements with the European
and the World Reconstruction and Development Banks (EBRD and WBRD)
intended for the modernisation of the Croatian Railways company.
The WBRD loan, totalling US$101 million, has been granted with a 15-
year service period, a five-year grace period, and a 3.44 percent
interest rate. The EBRD loan of US$35 million has been granted with
a 12-year service period, a three-year grace period, and a six
percent interest rate.
The government also passed decisions on initiating proceedings for
the signing of three conventions - the European Social Charter and
Additional Protocol, the European Outline Convention on
Transfrontier Cooperation Between Territorial Communities or
Authorities, and the European Convention on the Enforcement of
Children's Rights.
Also adopted was part of a programme for marking the sites of 15 mass
graves of Homeland War victims in six Croatian counties.
The government established an expert working group which should
draft measures for rehabilitate companies facing difficulties.
Headed by Assistant Finance Minister Ivica Novacic, the group will
help the companies towards maintaining the extant employment level
and opening new jobs.
(hina) ha jn