The EUR1B Credit Line From World Bank Is Like Car Insurance – You Have An Accident, You Get The Money

06.15.2012 By Claudia Medrega

The EUR1-billion credit line for Romania approved on Tuesday by the World Bank (WB) is the first loan of this kind that a European country takes out, and will consolidate the liquidity reserve of the Finance Ministry.

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Keywords:
WORLD BANK
, LOAN
, ROMANIA