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Chinese bank to grant 200m EUR to Serbia

Chinese Export - Import Bank will grant the loan of 200m EUR to Serbia, 145.5m EUR of which will be set aside for construction of Zemun – Borča bridge, while the remaining 54.5m EUR will be, most probably, granted to Kragujevac for construction of its southern bypass.

By the way, this loan will be approved to Serbia under very favorable terms, with the grace period of three years and fixed interest rate of 3% on annual basis.

 

Source: eKapija