Serbian Prime Minister Aleksandar Vucic said after the meeting with the President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti that the bank will probably provide a loan for the restructuring of Srbijagas.
PM Vucic said that it was discussed that already approved loan for various projects in Serbia should be withdrawn more quickly, especially the approved 200 million euros loan for the restructuring of power utility EPS. He said that the conditions of a loan are very favorable, with a maturity of 12 years, grace period of 5 years and very low interest of around one percent plus Euribor.
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Tags: EBRD, EPS, gas, loan, restructuring, Serbia, Srbijagas