Medvedev visits Serbia bearing $1.5 billion loan

Medvedev Visits Serbia Bearing $1 5 Billion - Politics, Business, Civil, History - Posted: 20th Oct, 2009 - 3:54pm

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Business - European Economy
Post Date: 20th Oct, 2009 - 3:54pm / Post ID: #

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Medvedev visits Serbia bearing $1.5 billion loan

Medvedev visits Serbia bearing $1.5 billion loan (AP)
European Business News

Russian President Dmitry Medvedev, left, reviews a guard of honour with Serbia's President Boris Tadic, Tuesday, Oct. 20, 2009, in Belgrade, Serbia. Medvedev's visit is expected to focus on a US$1 billion loan for Serbia that would increase Moscow's economic and political influence in the Balkan country which also wants to one day join the European Union. (AP Photo/Srdjan Ilic)AP - Russian President Dmitry Medvedev sought to expand Moscow's political and economic influence in the Balkans on Tuesday by bringing a euro1 billion ($1.5 billion) loan to recession-hit Serbia and offering Belgrade a 'strategic partnership" in the distribution of Russian gas to Europe.



Source: Yahoo! News: Business - European Economy

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