Government of Italy to provide 30m EUR worth of loans for SME in Serbia

The Minister of Finance of Serbia, Diana Dragutinović, said yesterday (October 29, 2009) that about 30m EUR worth of loans of the Government of Italy should be soon made available to the small and mid-sized enterprises in Serbia.

She said during her visit to company "Moto-plast" in Nova Pazova that that loan should be ratified in the Parliament of Serbia.

- Small and mid-sized enterprises will be granted loans with the interest rate of about 4.85%, with the repayment period of 13 years - said she.