Skopje, 24 November 2024 (MIA) – Several banks have already confirmed and I expect most of them to back the project and finally, the 250-million-euro Hungarian loan to be distributed to Macedonian businesses, Prime Minister Hristijan Mickoski said Sunday.

“A 1.95% interest rate has been agreed, up to three years of grace period and up to 15 years to pay it back depending on the needs of the companies. I believe it is a historic agreement with a record low interest rate,” Mickoski responded speaking to members of the media after inaugurating a new elementary school gym in a Skopje village. 

In order to get a loan, he said, companies should have at least a 20-percent participation and the maximum amount that can be approved is limited to EUR 10 million.

“It means we’ll have an investment wave of EUR 300 million. All the companies will have the chance to invest the money in basic work necessities, renewable energy sources and office premises,” stated the PM. 

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