Serbia to allocate RSD 1bn in subsidies for housing construction in 2011.

By bne IntelliNews June 13, 2011
Serbia plans to allocate a total of RSD 1bn in subsidies in support of housing construction in 2011, Beta news agency reported, citing Nemanja Komazec, state secretary with the environment and spatial planning ministry. According to Komazec, the subsidies will be extended to construction companies and investors in housing construction. The state plans to subsidize up to 8% of the annual interest rate on housing construction loans, Komazec explained. In order to be eligible for state subsidies, construction companies will have to agree to sell housing at regulated prices. In 2010, the state subsidies extended in support of housing construction amounted to RSD 1.5bn.

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss