Slovenia to Get its Share of Former Yugoslav Money in the US

The government approved on Thursday a US proposal on distributing the funds deposited by the former Yugoslav authorities with the US Defense Security Cooperation Agency (DSCA). In line with the succession agreement, Slovenia is entitled to 16 percent of the total sum of US$ 2.46 million plus interests.

The money that the former Yugoslavia had deposited abroad were frozen by a 1992 UN resolution after the federation broke up. The resolution envisaged all the funds be frozen until an agreement on the succession to the former Yugoslavia is reached.
The agreement between all five successor states - Slovenia, Croatia, Bosnia-Herzegovina, Serbia-Montenegro and Macedonia - was eventually negotiated in 2001 and came into effect this year after all the states ratified it.
Slovenia will transfer its share of the money unfrozen by the US agency to its succession fund.

More articles from this issue:

Archive

year month 2008 1   2   3   4   5   6   7   8   9   10   11   12 2007 1   2   3   4   5   6   7   8   9   10   11   12 2006 1   2   3   4   5   6   7   8   9   10   11   12 2005 1   2   3   4   5   6   7   8   9   10   11   12 2004 1   2   3   4   5   6   7   8   9   10   11   12

Subscribe

To receive our weekly newsletter by e-mail subscribe here.

HOME
Government | Calendar of Events | Media Room | About Slovenia
Sitemap | Contact us | About us | Graphic version | Slovensko

© Government Communication Office