1 result(s) for foreign financing in Getting around
Foreign Minister: Chinese Financing Is Best For Budapest-Belgrade Rail Project
- 12 Jan 2018 8:06 AM
- getting around
In the absence of similar European funding, the financing provided by China is the most favourable for the upgrade of the Budapest-Belgrade railway line, Hungarian foreign minister Péter Szijjártó said on Thursday. The minister said there was no competitive financing alternative available for infrastructural investment to the 18-year Chinese US dollar loan with annual interest of 2.5 percent.
Foreign Minister: Chinese Financing Is Best For Budapest-Belgrade Rail Project
- 12 Jan 2018 8:06 AM
- getting around
In the absence of similar European funding, the financing provided by China is the most favourable for the upgrade of the Budapest-Belgrade railway line, Hungarian foreign minister Péter Szijjártó said on Thursday. The minister said there was no competitive financing alternative available for infrastructural investment to the 18-year Chinese US dollar loan with annual interest of 2.5 percent.