Belgrade to issue EUR 400 million bonds?

Source: eKapija Thursday, 18.06.2015. 15:46
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Belgrade Mayor Sinisa Mali met today with Eric Nobileau, the managing director for CEEMEA (Central and Eastern Europe, Middle East and Africa) countries at Citibank, to talk about investment projects and the potential and advantages of Belgrade as an investment destination, Beoinfo reports.
They also discussed the city's idea to consider issuing municipal bonds and Citibank's experience in that field, given that it is one of the world's largest banking and financial institutions.
Mali stressed that there were no legal obstacles to the introduction of municipal bonds as means of financing that local authorities can use to collect necessary funds for implementing certain projects or covering current budget deficit.
Mali invited the representatives of Citibank to attend the event "Belgrade Investment Days" in September, which aims to promote Belgrade as an investment destination.
Companies:
Grad Beograd Grad Beograd
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