November 16 (SeeNews) - Croatia's prime minister, Andrej Plenkovic, said on Thursday that talks are being held with investors in London towards refinancing debt of some 1.3 billion euro ($1.5 billion) owed by the country's road infrastructure sector.
"Currently, talks are taking place in London, with the aim of extending maturity and lowering interest rates on a series of loans that will soon mature," Plenkovic said, according to a government press release.
The road sector's totals around 5 billion euro, he added.
Plenkovic added that he believes the talks, which are being led by finance minister Zdravko Maric, will result in quality refinancing which will ensure the sector's continued consolidation.
($=0.849039 euro)