South Caucasus

Photo: Germany to allocate preferential loan to Georgia    | Georgia
19 December 2014, 19:54

Germany to allocate preferential loan to Georgia

Germany decided to allocate to Georgia a preferential loan of 20 million euros, the ministry of finance of Georgia said. The loan will be used to finance a new project “The program of safe infrastructure for climate”. The head of the Economic Cooperation of the German Embassy in Georgia Katharina Derkorn handed over an official notice of this fact to the Finance Minister Nodar Khaduri Dec.19. The ministry said that this decision is yet another confirmation of the continuation and deepening of...