EIB LOAN FOR SMES IN SERBIA.

The European Investment Bank (EIB) signed, on 27 January, two loans totalling 45 million in Serbia with two different local financial institutions in support of projects of small and medium-sized enterprises (SMEs) and infrastructure schemes promoted by local authorities. The loans are designed to assist Serbia in its efforts to integrate into the European Union. A first finance contract for 25 million was signed with Erste Bank Novi Sad, aiming at financing SME...