Germany invests 38 millions eur in Serbian energetics, local communities and tax reform

Representatives of the German government, parliament and development bank KFV, discussed yesterday (October, 9th, 2006) with the President of Serbia, Boris Tadic, and the Mayor of Belgrade, Nenad Bogdanovic, about German investments in Serbian commerce.

The guests from germany should today sign a contract with the representatives of the Government of Serbia, about investments of 38 millions eur in Serbia, of mixed donations and credits, as said by the city manager, Bojan Stanojevic.

He satted that this 38 millions eur purposed for Serbia would be divided into sectors, and how much would Belgrade and local management get would be "subject of future discussions".

The investments are meant for electrical stations, counties and cities in form of credits, expert education reform and tax department reform