Government To Borrow Money From Treasury Again To Finance EU-Funded Projects

03.30.2012 By Ioana Tudor

The Romanian Government will borrow 750 million lei (EUR171.2 million) from the Treasury to cover payments for projects carried out through the EU-funded regional operational program (POR) in the second quarter of the year, as pre-financing from the European Commission is exhausted.

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Keywords:
GOVERNMENT
, EU
, PROJECT