OREANDA-NEWS. December 09, 2009. Poland is ready to commence negotiations on allocation of this loan to Moldova in the first half of December.

During the meeting the Government of Moldova has approved the commencement of negotiations with Poland in this regard. According to the Finance Minister Veaceslav Negruta, according to preliminary agreements, the Polish loan is allocated for 1-year period. The interest rate will be fixed during negotiations.

It is expected to be about 3-4%. The credit will be allocated within 3 months after the loan agreement comes into force.