Bloomberg News

Macedonia May Get 200 Million-Euro World Bank Loan for Deficit

October 19, 2011

Oct. 19 (Bloomberg) -- Macedonia may borrow 150 million euros to 200 million euros from the World Bank to finance its 2012 budget deficit, Prime Minister Nikola Gruevski said.

The country has no immediate plans to tap the international bond markets, Gruevski said today in an interview in London.

He reaffirmed the government’s 2011 forecast for 3.5 percent economic growth.

To contact the reporter on this story: Agnes Lovasz in London at alovasz@bloomberg.net

To contact the editor responsible for this story: Andrew Langley at alangley1@bloomberg.net


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