ZABA, SPAN push lower Croatian share indices
Foreign tourist arrivals to Bosnia's Federation down 0.9% y/y in Jan
Ljubljana stock indices decline in lower turnover
Bosnia's Federation annual inflation slows down to 0.7% in Jan
Croatia's industrial PPI down 1.4% y/y in Jan
Dec 29, 2020 13:49 EEST
December 29 (SeeNews) - Bosnia's state-level government said on Tuesday it has signed a 340 million euro ($416 million) loan agreement with the European Investment Bank (EIB) for the construction of a 35 km section on pan-European Corridor Vc.
The loan has a tenor of 25 years including a six-year grace period and it will be allocated to the Federation entity, the government said in a press release.
The Medakovo - Poprikuse section comprises two subsections: Medakovo - Ozimice and Ozimice - Poprikuse. They include the constrictions of bridges, a tunnel, and resting areas in the period between 2021 and 2025.
The total value of the project is 391 million euro. The remainder will be provided from the country's budget or other sources, the government said.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
European Corridor Vc connects the port of Ploce in Croatia with the Hungarian capital Budapest via Bosnia.
($ = 0.8172 euro)
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