On Monday, Albania's Economic and Finance Committee considered the draft law "amendment to Law No. 10,267, dated 15.04.2010" The draft law was on the ratification of Agreement between the Republic of Albania and Deutsche Bank AG/ JP Morgan Securities LONDON LTD as co-managers for the transaction of Eurobond of up to 400 million euros and the approval of other documents for the transaction With the stabilization of markets in recent months and with the advice of co-managers Deutsche and JP Morgan, the Ministry of Finance has decided to enter the market possibly by October. The proposed amendments consist of more precise definition of the term "appropriate fraction" which refers to participation needed to make a decision, or the quorum required in making decisions.
News source: Balkans.com link: article
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