The given amount is only for 2008, of which EUR 23 million are a grant by the German government and another 17 million is soft credit.
"The focus of the German government is the same as that stated by the
Kosovo government and agreed in cooperation with the international
community when it chose as its priorities energy, infrastructure,
education, and law and order," said Ahmet Shala, Kosovo Minister for
Economy and Finance.
Leo Kreuz, from the German Federal Ministry for Economy, Cooperation
and Development, said that the 40 million won't be on the desk of the
Government of Kosovo immediately, but they will be disbursed depending
on the project.
“The first project will be the electricity transmission line connecting
Tirana and Prishtina, which is a good sign for Kosovo and for its
integration in the economic aspect," said Kreuz.
There will be another protocol in 2009 for the remaining EUR 60 million.
Of the total EUR 1.2 billion promised at the Donor's Conference, 613
million are dedicated to new projects and the rest for the payback of
international debt.
After the ceremony, another signing was done between the German Bank
for Development and ProCredit Bank to support with loans efficient
measure of electric energy consumption.
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