Financial structure for "Corridor 10" completed - Government of Greece to donate 100m EUR for completion of highway section towards Macedonian border

Source: Biznis Thursday, 01.01.1970. 14:57
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Government of Greece will donate 100m EUR for completion of the section of "Corridor 10" towards Macedonian border. This was confirmed at the meeting between the Deputy Prime Minister of Serbia and the Minister of Economy, Mlađan Dinkić, and the Minister of Foreign Affairs of Greece, Dora Bakojani, and the Minister of Finance and Economy of Greece, Georgi Alogoskoufis.

This meeting completed the whole financial structure for development of "Corridor 10", which is, among the rest, the result of previous meetings between Minister Dinkić and the representatives of international finance institutions.

According to the announcement of Serbian Ministry of Economy, total amount needed for realization of the planned development of "Corridor 10" is about 1.585 billion EUR.

European Investment Bank agreed earlier to approve loan of 540m EUR for the development of one section of "Corridor 10", the World Bank provided 400m EUR, European Bank for REconstruction and Development set aside 150m EUR, while about 395m EUR would be provided from the privatization incomes of Serbia's budget.
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