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PARLIAMENT DISCUSSES LOAN FOR COMPLETION OF ZAGREB-LIPOVAC MOTORWAY

Izvor: HINA
Autor: ;vmic;
ZAGREB-LIPOVAC MOTORWAYZAGREB, Nov 30 (Hina) - The Croatian Parliament resumed a session onTuesday with a brief discussion on the proposed ratification of a loanagreement with the European Investment Bank for completion of amotorway, which is supported by all parliamentary parties.
ZAGREB, Nov 30 (Hina) - The Croatian Parliament resumed a session on Tuesday with a brief discussion on the proposed ratification of a loan agreement with the European Investment Bank for completion of a motorway, which is supported by all parliamentary parties.

Under the agreement, the European Investment Bank would provide a loan of 45 million euros to co-finance the construction of the remaining 29 kilometres of the motorway running from Zagreb to the easternmost town of Lipovac on the border with Serbia.

The agreement provides for a grace period of 5 and 1/2 years and and a repayment period of 25 years.

The session proceeded with a debate on a set of energy laws.

(Hina) vm

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