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World Bank approved the first tranche of the loan
17/07/2009
World Bank approved Thursday,
the first tranche, worth 300 million euro (equivalent to 423 million US dollars),
from the loan of one billion euro for Romania to help the reduction of the
effects of economic crisis, announced Mediafax.
The credit that will be granted to Romania will
have a maturity of 14 years and a grace period of 13 years and a half.
The loan amounting to one
billion euro given by the World Bank to Romania is part of the external financing
agreement signed by our country with the International Monetary Fund, European
Commission, World Bank and European Bank for Reconstruction and Development,
the total amount being of 20 billion euro.
Only in Romanian. More info
you can read here.
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Success story of West Region Romania - Arad West Industrial Zone
Location: in the western part of Romania - to the north of West Region. The city is only 60 km away from the border with Hungary.Owner: Arad City Council Description of the Arad West Industrial Zone·...
Location: in the western part of Romania - to the north of West Region. The city is only 60 km away from the border with Hungary.Owner: Arad City Council Description of the Arad West Industrial Zone·...
