Sunday, March 24, 2013


Greece could withdraw part of donation from Hellenic Plan for the Economic Reconstruction of the Balkans (HiPERB)


The Greek government is considering withdrawing a large part of the donation from Hellenic Plan for the Economic Reconstruction of the Balkans (HiPERB) for building a section of Corridor 10 in southern Serbia, head of the company Koridori Srbije Dmitar Djurovic said on Friday, adding he, however, did not expect it to happen.

Djurovic noted that EUR 88.7 million from HiPERB were meant for building the south section of Corridor 10 from Donji Neradovac to Levosoj.
"The Greek government issued one piece of information, that because of the situation the country was in, it was withdrawing investments for projects not under way," Djurovic told reporters.
The section between Donji Neradovac and Srpska Kuca is being built, he stated, adding that it cost EUR 21.8 million and was 63 percent completed.
HiPERB includes the construction of the section between Srpska Kuca and Levosoj as well, which is worth EUR 39.9 million, and the funding for that section could be lost, Djurovic noted.
There is still around EUR 27 million left from HiPERB that are uncertain as well, because the purpose for the funds had yet to be decided, he pointed out.

Source: tanjug.rs

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