Finance Ministry agrees with DFC on a 400-mn-USD worth guarantee scheme
29/04/2021
An agreement on a new guarantee scheme has been signed with the U.S. International Development Finance Corporation (DFC), whereby this financial institution is to provide USD 400 million as a guarantee for the approval of banking credits to companies in Serbia, said the minister of finance of Serbia, Sinisa Mali.
Presenting the Draft Law on the Confirmation of the Agreement on Inciting Investments, he said that, the week before, two new guarantee schemes had been voted for.
He explained that this pertained to an additional billion euro on top of the guarantee schemes that Serbia already has and which it has launched together with banks in order to mitigate the negative consequences of the pandemic.
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In an extended Earth Day event, President Biden hosted the
virtual Leaders Summit on Climate ( Summit ) on April 22
and 23, seeking to unite nations around the world in the goal of
reducing global greenhouse gas ( GHG ) emissions. Forty
international leaders attended the much-anticipated event,
including China President Xi Jinping, Russia President Vladimir
Putin and United Kingdom Prime Minister Boris Johnson. The Summit
marks the United States return to the world stage as a leader
in climate regulation. The following summarizes key announcements
from the Summit.
On 22 April 2021 President Joe Biden announced his International Climate Finance Plan as a follow up to his January 2021 Executive Order 14008 on Tackling the Climate Crisis at Home and Abroad.
The International Climate Finance Plan reflects the administration s desire to double, by 2024, US annual public climate finance to developing countries, using as a baseline the average level during the second half of the Obama administration. The purpose is to help developing nations reduce or avoid greenhouse gas emissions and build resilience and adapt to the impacts of climate change .
The International Climate Finance Plan is also supposed to be a boon to US companies, particularly manufacturers of products and technologies viewed as environmentally beneficial. Accordingly, the Export-Import Bank is expected to play a key role in helping the administration to achieve its stated goals. As the US government s official export credit agency, the Export-Import Bank provides direct loans, lo
Wednesday, April 28, 2021
Kalimera! Let me start by saying what a great honor it is for me to welcome the U.S. Coast Guard Fast Response Cutters Robert Goldman and Charles Moulthrope to the port of Piraeus.
These two cutters have just completed a historic transatlantic voyage that I think would have made the founder of the U.S. Coast Guard, Alexander Hamilton, very proud, as they proceeded en route to their new homeport in Bahrain where they will operate with the U.S. Navy’s 5
th Fleet.
I want to thank my friend Minister Plakiotakis and Vice Admiral Kliaris for joining me to welcome these U.S. Coast Guard cutters to Greece.