Romania Raised State Guarantee Cap To RON8B From RON3B – Minister

09.27.2013 By Oana Gavrila

State guarantees to stimulate private lending have increased from RON3 billion to RON8 billion for the period July 2013-June 2014, after the Government persuaded the IMF and European Commission the cap needed to be raised, budget minister Liviu Voinea said Friday.

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Keywords:
STATE GUARANTEES
, IMF
, LENDING