Ministry of Foreign Affairs of Italy approved credit line worth 30m EUR for small and mid-sized enterprises in Serbia

- Development Cooperative within the Ministry of Foreign Affairs of Italy, has approved the credit line worth 30m EUR for small and mid-sized enterprises in Serbia - Embassy of Italy to Belgrade announced today (March 4, 2008).

In addition to small and mid-sized enterprises, this credit line will also be opened for Serbian municipalities as a support to commercial development at local level.

Enterprises and municipalities will be able to use the credit funds for procurement of equpment, technologies and machines from Italy, for the sake of development of infrastructure and local services.