The bill amends the Government Emergency Ordinance 64/2007 to include this type of government public debt financing instrument.
The adjustments made to the legislative framework provide for the inclusion of the possibility to use specific financing mechanisms made available by other governments and/or other governmental entities to finance contracts/ procurement agreements/ projects of strategic national interest and the regulation of specific elements related to the implementation of such financing.
The document also stipulates that such financing contracted by the Romanian Government may be sub-loaned to relevant state-owned companies and/or that they may benefit from the state guarantee for such loans contracted on their own, in compliance with the state aid legislation.
(English version by Loredana Fratila-Cristescu)