Development Fund

The program foresees 600 million dinars in non-repayable funds.

For resources of about 80 billion euros from the new NSRF, the Development Fund and other financial instruments, most of the resources we had at our disposal after the war and without leverage, will be at the disposal of the Greek economy according to Dimitris Skalkos, Secretary General Investment and NSRF, who spoke at the stand of OT.gr.

Citigroup has launched its new monthly report on the global economy, upgrading its forecast for growth in Greece in 2021 to 5.3% (from 4.1% previously). However, it limited its forecast for GDP growth in 2022 to 5% (from 6.5% previously), .

Albania's state Development Fund is splashing public money on a helipad, seaport and other services near a privately owned resort - while ignoring loud complaints about environmental damage.

BELGRADE - The Serbian Railways supports the procedures to look into the legality of its work, especially the activities of the Anti-Corruption Council, Serbian Railways Director General Miroslav Stojcic said.

BELGRADE - The Serbian parliament has adopted amendments to the laws on companies and Development Fund and ratified the loan contract for the privileged buyer for the second stage of the project related to the power station Kostolac B.

BELGRADE - Serbian Parliament Speaker Maja Gojkovic has called the first special meeting this year for January 15, at a request form the government, Tanjug has learned at the parliament.

The agenda will include amendments to the law on companies and amendments to the law on the Development Fund.

BELGRADE - The Serbian government adopted on Tuesday the amendments to the Development Fund Law, which will contribute to greater transparency of the Fund's operation and lending conditions.

The funds will be more available to the Serbian economy and serve solely to the country's economic development, reads a statement by the Serbian government's press office.

BELGRADE - The Serbian government adopted the program of grant aid for businesses in the flood-affected areas in the amount of RSD 0.5 billion, Director of the Government Office for Reconstruction and Flood Relief Marko Blagojevic said in Obrenovac on Monday.

Development Fund grants RSD 181.5 million

BELGRADE -- The Board of Directors of the Development Fund granted at Friday's session loans amounting to RSD 181.5 million based on the 2014 programme.

The loans are intended for entrepreneurs and legal persons and they could be used as investments, permanent working capital and start up loans.