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DEBT CONSOLIDATION

Montenegro

€ 7,862,098
Committed
-
Used

Agency

Ministero dell'Economia e delle Finanze - Artigiancassa

Channel reported

-

Description

Consolidation agreement between the Governement of the Italian Republic and the Governement of the Republic of Montenegro and the Government of the Republic of Serbia signed on 04.12.2006 based on the Agreed Minutes of Paris Club dated 28.12.2001 The debt consolidation refers to credits: 06/903/2-06/903/4 for the credits in EUR (total debt consolidated EUR 10.377.137,27 out of which principal EUR 4.834.500,74, interest EUR 458.906,76 and late interest EUR 5.088.729,77) 06/903/1-06/903/3 for the credits in USD (total debt consolidated USD 5.681.270,55 out of which principal USD 2.342.942,79, interest USD 310.186,59 and late interest USD 3.028.141,17) read more close

Aid type Debt relief
Channels
Year Committed Used
2008 € 7,862,098 -

Project data

  • CRSID2008009998
  • Purpose Rescheduling and refinancing
  • Finance type Aid grant excluding debt reorganisation
  • Flow type ODA Grants
  • Bi/Multilateral Bilateral