FINANCING
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Cernavoda Nuke Project May Be Co-financed By Chinese Companies
Romania’s long-delayed nuclear power project in Cernavoda will most likely be completed with financial assistance from Chinese investors, deputy economy minister Rodin Traicu said Wednesday.
Government Lowers Cap On Refundable Financing Local Authorities May Contract In 2013-2015
Romania’s Government on Tuesday lowered the cap on annual reimbursable financing local authorities may contract between 2013 and 2015 to stay within the consolidated budget deficit target.
Health Ministry To Focus On Developing Strategic Hospitals
Romania’s Health Ministry has identified several strategic hospitals and will focus on developing them in the next few years, Health Minister Raed Arafat said Monday.
IFC Financing In Romania Grew Six-fold Since Crisis Debut
The International Finance Corporation, the private lending arm of the World Bank, has increased its exposure to Romania to $300 million at the end of last year, from $50 million before the f...
Development Ministry Wants To Launch Double-Scheme Financing Program
Romania’s Development Ministry wants to launch a double-scheme financing program meant to help local authorities develop public utility infrastructure, and to provide financing to investors...
EBRD To Give EUR13.8M Co-Financing For Water-Sewerage Network Upgrade S Romania
The European Bank for Reconstruction and Development EBRD will co-finance with EUR13.85 million an upgrade and expansion project of the water and sewerage network in the southern Romanian co...
Leasing Industry Returns To Decline In 1H With Financing Of EUR650M
The market of financial leasing returned to a decline in the first six months of this year because of lower financing for equipment and real estate transactions.
EIB Lends EUR20M To Intesa Sanpaolo Bank For Small Business Funding
Intesa Sanpaolo Bank and its leasing division will borrow EUR20 million from the European Investment Bank (EIB) to finance small and medium sized enterprises (SMEs), midcap companies and pro...
BCR: Romania To Tap International Debt Markets Again Before Elections
Romania’s Finance Ministry will likely tap international debt markets for a third time this year ahead of the November election campaign to increase its liquidity buffer, according to a repo...