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July 10, 2003 - Thursday |
New loans for small and medium sized companies
July 10 (IIS, Ekonomist) - Italy granted to Serbia the favorable €45 million loan for small and medium sized companies. Interest rate reaches 1%; repayment period is 17 years and grace period 7 years.
Loan will be invested in small and medium sized companies by the Development Fund and commercial banks starting in autumn 2003.
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