RF, Serb Fin Min discussing terms of 400 mln euro loan to Belgrade

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BELGRADE, June 24 (Itar-Tass) - the Russian authorities are
considering the possibility of granting to Serbia of a loan about which
President of the republic Boris Tadic asked Moscow, Russian Ambassador in
Belgrade Alexander Kuzin said on Wednesday. "The Finance Ministries are in
direct contact and are considering the terms (of the loan). When they are
approved the aide worth some 400 million euros will be sanctioned," said
the ambassador who took part in a meeting of the Russian section of the
Serb Chamber of Industry.
In early June, the Serb leader turned to Russia requesting for a loan
needed for the stabilisation of the payment balance and implementation of
two infrastructure projects: the construction of the first stage of the
Serb capital's underground railway and the Belgrade ring road. Moscow
offered the Serb partners to specify the information liked with the
provision of the loan and this work is being carried out by the two
countries' Finance Ministries.
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