Interview - World Bank Shelves Renewables, Education Funding to Serbia to Back Budget, Infrastructure Plans

BELGRADE (Serbia), October 29 (SeeNews) - The World Bank said it had to shelve its plans to finance renewable energy and education projects in Serbia's this year in favour of urgent backing of the country's 2009 and 2010 budgets and infrastructure plans, aiming to help the Balkan economy weather the crisis. "There were some projects that were in the pipeline. There was renewable energy and an education project. Maybe we could have done that a little bit sooner," the head of the World Bank Office for Serbia, Simon Gray, told SeeNews in an interview last week without elaborating on the amount of the planned loan.