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EIB Plans To Grant EUR1.5B Loans In Romania In 2010

The European Investment Bank estimates it will grant loans of EUR1.5 billion in Romania next year, for energy projects, SMEs support and local authorities' investments, the bank's vice-president Matthias Kollatz-Ahnen said Thursday in Bucharest.
EIB Plans To Grant EUR1.5B Loans In Romania In 2010
12 nov. 2009, 19:37, English

In 2008, EIB financed Romanian projects by EUR1.1 billion. The bank alloted EUR1.5 billion to Romania for both 2009 and 2010.

„We are close to this figure this year,” Kollatz-Ahnen told a news conference.

He said that, since the beginning of the year, EIB signed loans totaling EUR800 million in Romania. Over the next period, the bank should also close the agreements with Ford (about EUR400 million) and Petrom (EUR200 million).