Romania To Raise Capital Of SME Loan Guarantee Fund By RON250M In 2012

The capital of Romania's National SME Loan Guarantee Fund will be raised by 250 million lei (EUR57.5 million) in 2012, according to Prime Minister Emil Boc.

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The prime minister said this would be done to "support the jobs maintained or created."

The fund's current capital is RON681 million.

(EUR1=RON4.3479)

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