Montenegro calls for EU help over $1bn Chinese highway loan - FT中文网
登录×
电子邮件/用户名
密码
记住我
请输入邮箱和密码进行绑定操作:
请输入手机号码,通过短信验证(目前仅支持中国大陆地区的手机号):
请您阅读我们的用户注册协议隐私权保护政策,点击下方按钮即视为您接受。
对外贷款

Montenegro calls for EU help over $1bn Chinese highway loan

Refinancing offer would be ‘a small but easy win’ for Brussels, says finance minister
00:00

{"text":[[{"start":13.56,"text":"Montenegro has asked the EU for assistance with paying off a $1bn Chinese loan for an incomplete highway project that has imperilled the finances of the small western Balkan nation. "}],[{"start":26.17,"text":"The saga of the incomplete road project, which is being built by the China Road and Bridge Corporation, is part of a larger geopolitical battle for influence on the EU’s periphery. "},{"start":37.624,"text":"How Brussels responds to Podgorica’s request — and whether it will bail the country out of a project long deemed unviable — will help to shape the bloc’s relationship with the region. "}],[{"start":49.1,"text":"“Montenegro is small enough that it should be an easy decision” for the EU to help refinance the loan, Milojko Spajic, Montenegro’s finance minister, told the Financial Times in an interview. "},{"start":61.904,"text":"“This is a small but easy win for them. "},{"start":64.634,"text":"It’s low-hanging fruit,” he added. "}],[{"start":68.19,"text":"Stefan Vladisavljev, foreign policy analyst for the Belgrade Fund for Political Excellence, a think-tank, said: “This is the first time that Montenegro or any other country from the western Balkans has made this type of outreach towards Brussels to combat rising Chinese influence. "}],[{"start":87.59,"text":"“We’ve not heard that someone asked Brussels so openly to combat this together. ”"}],[{"start":93.31,"text":"Montenegro raised eyebrows in 2014 when it signed a deal with China’s ExIm Bank to finance 85 per cent of the cost of a road with a dollar-denominated loan worth almost $1bn. "},{"start":106.102,"text":"The first 41km section, a quarter of the total length, cost €20m per km, making it one of the most expensive highways per km in the world, said Spajic. "}],[{"start":119.21000000000001,"text":"“For infrastructure we’re currently relying on China . "},{"start":122.75200000000001,"text":"The situation is dramatic from a geopolitical standpoint,” he said, adding that its important tourism industry relied on visitors from non-EU countries such as Russia. "},{"start":133.582,"text":"“We have to connect ourselves closer to our EU allies. "},{"start":137.33700000000002,"text":"We need alignment with the economy. ”"}],[{"start":140.58,"text":"Montenegro, which became an independent country when it separated from Serbia in 2006, joined Nato in 2017, despite strong objections from Moscow. "},{"start":152.572,"text":"Russia has traditionally been a big investor in Montenegro, which hopes to get a green light to join the EU by 2024. "}],[{"start":160.85000000000002,"text":"Spajic said the government would seek financial help from a range of western organisations, including the European Commission, the European Investment Bank and the European Bank for Reconstruction and Development. "}],[{"start":173.87000000000003,"text":"The EU has indicated a willingness to help but a commission official said it would be hard to find the proper financial instruments, a task made harder because the project was almost complete. "}],[{"start":185.78000000000003,"text":"“Politically we want to help . . . But the size of the loan is disproportionate to the size of the economy, so the mechanics are not obvious yet,” the official said. "},{"start":195.00900000000001,"text":"Montenegro would also need to commit to fiscal reforms, the official added, noting that the highway project did not match EU standards. "}],[{"start":204.32000000000002,"text":"Beijing has made steady inroads into the Balkans through infrastructure and energy projects, and more recently its “vaccine diplomacy” drive in the wake of the Covid-19 pandemic. "},{"start":215.53700000000003,"text":"China donated 30,000 doses of the Sinopharm vaccine to Montenegro and sold several million to Serbia. "}],[{"start":223.91000000000003,"text":"“China is on the cusp of acquiring real leverage over policy choices, political attitudes, and narratives in some parts of the western Balkans,” the European Council on Foreign Relations said in a report in February. "}],[{"start":238.51000000000002,"text":"The contract to build the highway was signed by the previous Montenegro government led by the Democratic Party of Socialists, which was ousted in August after 30 years in power. "}],[{"start":250.28000000000003,"text":"Its decision has been scrutinised given that two separate feasibility studies, in 2006 and 2012, concluded that the highway was economically unviable. "},{"start":261.40900000000005,"text":"The government also signed a €54m contract with a Montenegrin-Chinese consortium for a thermal power plant just before it was ejected from office. "}],[{"start":272.54,"text":"China holds one-quarter of Montenegro’s debt, and despite massive delays on the highway’s construction, the first repayment is due in July. "},{"start":282.057,"text":"If Montenegro were to default, the terms of the contract give China the right to access Montenegrin land as collateral. "}],[{"start":290.67,"text":"A new Montenegrin government, a coalition of forces opposed to DPS with a razor-thin majority, took the reins in December. "},{"start":299.28700000000003,"text":"It faces a host of challenges, including the fact that the tourism-reliant economy collapsed by 15 per cent last year, according to the IMF. "}],[{"start":309.49,"text":"Spajic said Podgorica was in talks with Beijing over another outstanding debt worth €127m. "}],[{"start":318.40000000000003,"text":"Observers said Montenegro’s plea was an opportunity for Brussels. "},{"start":323.004,"text":"“The EU should step in,” said Tena Prelec, a scholar at the University of Oxford who studies the region. "},{"start":330.09700000000004,"text":"“Montenegro is in the EU’s backyard: it would be, finally, a concrete way to show that the EU is indeed a player, a true geostrategic actor. ”"}],[],[{"start":341.42,"text":""}]],"url":"https://creatives.ftacademy.cn/album/001092111-1618196692.mp3"}

版权声明:本文版权归FT中文网所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。

停车场破产警示热衷售后回租的零售商

那些将旗下物业售后回租的英国超市,应当从NCP的倒闭中汲取教训。

油价涨到每桶100美元,会加速电动汽车转型吗?

随着燃油价格攀升、前景愈发不确定,汽车选购与制造的经济账已难以忽视。

Lex专栏:铸犁为剑——给欧洲工业吹响的战斗号角

在重整军备的推动下,汽车制造商迎来了革新其生产线的又一次机遇。

为何仍应看多黄金?

库珀:尽管这种贵金属在中东战争期间遭到抛售,但其前景仍更为乐观。

试图摆脱对微软依赖的德国联邦州

在各国领导人日益主张欧洲减少对美国科技巨头的依赖之际,追求“数字主权”的努力使得石勒苏益格-荷尔斯泰因州成为欧洲的一块“试验田”。

FT社评:价格管制重返主流令人不安

价格管制虽然能带来短期纾困,但也会衍生新的问题。与其关注价格管制,各国政府不如把重点放在提高生产率上。
设置字号×
最小
较小
默认
较大
最大
分享×