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EBRD 09/10 Investment In Romania Might Top EUR1B

The European Bank for Reconstruction and Development invested EUR721 million in Romanian projects last year, amounting to 70% of the EUR1 billion ceiling agreed with the local authorities, the International Monetary Fund and the EU, an EBRD official said Tuesday.
EBRD 09/10 Investment In Romania Might Top EUR1B
09 mart. 2010, 14:35, English

The remainder will be invested in 2010, said Claudia Pendred, EBRD Director for Romania. She mentioned the EUR1 billion ceiling could be exceeded this year, depending on the existing demand.

Pendred said 85% of the 2009 investments addressed the private sector in Romania.

Since 2000, EBRD’s investments in Romanian projects have reached EUR4.4 billion.

EBRD committed to invest EUR1 billion as part of a EUR20 billion financial package secured by Romania last year from the IMF, the EU and other international lenders.