ZAGREB/PARIS, Feb 16 (Hina) - An agreement on a loan worth 20 million euros for the financing of small and medium businesses in Croatia was signed in Paris on Friday. The agreement was signed by the president of the management board
of the Croatian Reconstruction and Development Bank (HBOR), Anton Kovacev, and the director of the European Bank for Reconstruction and Development (EBRD) for Central Europe, Alain Pilloux, and the vice-governor of the Council of Europe's Development Bank (CEB), Martin Murtfeld. The EBRD is participating in the loan with 12 million and the CEB with eight million euros. The loan was granted for a period of eight years, including a two-year grace.(hina) rml
ZAGREB/PARIS, Feb 16 (Hina) - An agreement on a loan worth 20
million euros for the financing of small and medium businesses in
Croatia was signed in Paris on Friday.
The agreement was signed by the president of the management board of
the Croatian Reconstruction and Development Bank (HBOR), Anton
Kovacev, and the director of the European Bank for Reconstruction
and Development (EBRD) for Central Europe, Alain Pilloux, and the
vice-governor of the Council of Europe's Development Bank (CEB),
Martin Murtfeld.
The EBRD is participating in the loan with 12 million and the CEB
with eight million euros.
The loan was granted for a period of eight years, including a two-
year grace.
(hina) rml