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EBRD Invests EUR8.8M Loan In Water Infrastructure In SE Romania
The European Bank for Reconstruction and Development Wednesday said it will extend a EUR8.8 million loan to public utility company Dunarea SA Braila to improve water services in Braila count...
Home Construction In Europe: A Priority For Czech, Hungarian Authorities, Mere Promises In Romania
Although Bucharest officials are preparing to eliminate subsidies granted for the construction of mortgage homes, countries in the region continue to conduct similar programs, seeking to rev...
EBRD Could Lend EUR16.2M For Water Infrastructure Upgrades In Mures
The European Bank for Reconstruction and Development is considering providing a loan of up to EUR16.2 million to Aquaserv company in Romanian central county of Mures, the bank said in a stat...
Cora Gets Largest Loan Granted By EBRD To A Romanian Retailer
French-Belgian retailer Louis Delhaize, which owns the most profitable stores on the Romanian market, says the European Bank for Reconstruction and Development approved a EUR210 million loan...
Twenty Companies Got EUR2.5B Worth Of Loans This Year
The cumulated value of the 20 largest banking loans accessed by local companies this year exceeds EUR2.5 billion after banks were much more cautious with lending in 2010, reveals an analysis...
SME Loan Guarantee Fund To Pay Banks EUR31.8M This Year
Romania's SME loan guarantee fund estimates it will pay a total EUR31.8 million this year for loans issued by banks and not repaid, up 9% on the year, according to data presented Tuesday by...
Tanasescu, IMF: I Don’t See Any Risks Of Romania Having To Draw Money From Precautionary Arrangement
Securing additional budget revenues through a chain of swaps with state-run companies that are indebted both to one another and to the state budget will be one of the three major sources of...
Banking System Restructuring Not As Thorough As BNR Expected
The head of the National Bank of Romania’s supervisory department, Nicolae Cinteza, made his harshest statements about banks since the onset of the crisis three years ago, saying that with t...
Basescu: Romania Must Borrow EUR16B In 2012
Romania will have to borrow EUR16 billion in 2012 to cover overdue debts and finance the budget deficit, President Traian Basescu told a news conference Sunday.