The final installment of the bond for old foreign currency savings in the amount of EUR 25,7 million has been paid. Thus a historic process in independent Republic of Macedonia has been completed, correcting the injustice towards citizens and companies having frozen foreign currency savings, said Monday Vice Premier and Finance Minister Zoran Stavreski.

"Citizens and companies have been fully compensated in a transparent and efficient way, proving the country's firm commitment for timely servicing of liabilities. In addition, this payment will improve the economy's liquidity by new Denar 1,5 billion (EUR 25 million)", said Stavreski at today's press conference.

The first installment of the bond was paid on 1 April 2002. The payment period was 10 years, with two annual installments on 1 April and 1 October. EUR 576 million have been paid from the national budget in the course of the past decade.

"Republic of Macedonia is a model of solving an inherited problem from the former Yugoslavia", said Stavreski, adding that some of the former Yugoslavia countries have still not settled the issue.