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06. July 2002 |
EBRD will adapt to needs of Serbia's economy
BELGRADE - The European Bank of Reconstruction and Development (EBRD) is ready to cooperate with Serbia's economy and will not impose conditions, but will negotiate and adapt to its needs, EBRD Regional Director for Yugoslavia Henry Russell said on Friday in talks with representatives of the Serbian business club Privrednik.
Russell said the EBRD can provide a lot through loans or as a stock-holders, and that it is has prepared floating capital and long-term loans for Yugoslavia through direct cooperation with companies.
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