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AGREEMENT FOR FINANCIAL ASSISTANCE FOR RECONSTRUCTION IN DANUBE

ZAGREB, Dec 7 (Hina) - An agreement between the governments of the +Kingdom of Belgium and Croatia for financial assistance for +reconstruction of the Croatian Danube region was signed in Zagreb +on Monday.+ The agreement was signed by Belgium Ambassador to Croatia Frans +Hintjens and Croatia Deputy Premier and Finance Minister Borislav +Skegro.+ The agreement offers Croatia a favourable longterm loan-financial +assistance to obtain equipment to gasify the Vukovar-Srijem +County. The assistance amounts to 30 million Belgium francs +(approx. US$849,557), the Croatian finance ministry reported.+ The repayment period would be 20 years with a 10 year grace period +and with an interest rate of 2 per cent. + The agreement is to be implemented by the Vukovar-Srijem County via +the county's gas works contractor - Vinkovci Waterworks and Sewage +Co.+(hina) sp+
ZAGREB, Dec 7 (Hina) - An agreement between the governments of the Kingdom of Belgium and Croatia for financial assistance for reconstruction of the Croatian Danube region was signed in Zagreb on Monday. The agreement was signed by Belgium Ambassador to Croatia Frans Hintjens and Croatia Deputy Premier and Finance Minister Borislav Skegro. The agreement offers Croatia a favourable longterm loan-financial assistance to obtain equipment to gasify the Vukovar-Srijem County. The assistance amounts to 30 million Belgium francs (approx. US$849,557), the Croatian finance ministry reported. The repayment period would be 20 years with a 10 year grace period and with an interest rate of 2 per cent. The agreement is to be implemented by the Vukovar-Srijem County via the county's gas works contractor - Vinkovci Waterworks and Sewage Co. (hina) sp

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