07.03.2023

The Board of Executive Directors of the World Bank Group (WBG) on Monday (July 3) approved the second Inclusive and Green Growth Development Policy Loan (DPL) for Romania in the amount of EUR591.9 more

07.25.2018

The World Bank’s Board of Executive Directors on Wednesday approved a EUR50 million for the Romania Strengthening Disaster Risk Management Project, the institutions said in a press release. more

06.27.2018

The World Bank’s Board of Executive Directors on Wednesday approved a EUR400 million Disaster Risk Management Development Policy Loan for Romania to support the country's efforts to effectively more

11.16.2017

Romania's government on Wednesday adopted a memorandum agreeing to seek a World Bank loan of up to EUR35 million to fund preliminary activities for the construction of a highway section to Brasov, in more

06.07.2017

The International Finance Corporation (IFC), a member of the World Bank Group, will be granting a loan of EUR50 million to Alpha Bank Romania in order to support the granting of mortgage loans and to more

03.12.2015

The Finance Ministry repaid the first EUR1.5 billion tranche of the loan it took from the European Commission in 2009. The amount equals half of this year’s projected budget deficit. more

10.24.2014

The central bank and the Finance Ministry have only EUR2.2 billion left to repay of the loan Romania took from the International Monetary Fund in 2009, with the former repaying most of this amount, more

06.17.2014

Romania’s Finance Ministry has borrowed EUR1 billion from the International Bank for Reconstruction and Development to finance fiscal policies and healthcare projects, the ministry said in a more

05.23.2014

The Board of Directors of the World Bank Group has approved a EUR750 million budget support loan (DPL) for Romania, which targets the modernization of public expenditures and improvement in the more

03.31.2014

The World Bank will extend a credit line to Romania for development projects of EUR1 billion a year for the period 2014-2017, based on a new partnership strategy to be approved by the bank's board on more

11.05.2013

Romania has asked for a new EUR1 billion development policy loan from the World Bank, part of a larger EUR4 billion program aimed at financing the country’s budget deficit, Finance Minister Daniel more

10.23.2013

Romania drew Wednesday EUR700 million of its EUR1 billion loan signed with the World Bank Group in 2012, Minister-delegate for Budget Liviu Voinea said in a statement. more

06.28.2013

Romania’s EUR20 billion rescue package is now eating into the funding that should have gone to highways, railways and hospitals. The central bank and the Finance Ministry got an actual amount of more

01.17.2013

The World Bank last week has made EUR1 billion in credit available to Romania as per an agreement signed in the summer of 2012, said Francois Rantrua, World Bank country manager for Romania and more

06.15.2012

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 more

06.12.2012

The World Bank's Board of Executive Directors on Tuesday approved a EUR1 billion precautionary loan for Romania, the Finance Ministry informs. more

06.11.2012

The World Bank has scheduled for Tuesday the meeting of the Board which will discuss granting the EUR1 billion loan to Romania, Stefan Nanu, Romania’s representative at the international financial more

05.16.2012

The Romanian government approved taking a EUR1 billion precautionary loan from the World Bank to be used in case of emergency, Prime Minister Victor Ponta said Wednesday. more

05.15.2012

Romanian government Wednesday will approve taking a EUR1 billion precautionary loan from the World Bank to be used in case of emergency, Prime Minister Victor Ponta said. more

04.18.2012

Romania wants a new safety net from the World Bank – a EUR1 billion line of credit that would allow the Finance Ministry to cover financing needs if turmoil intensifies on the financial markets. more

07.06.2011

The huge EUR20 billion loan taken out by Romania in 2009 from the International Monetary Fund (IMF), the European Commission and the World Bank – first as a “safety net”, but which soon became a more

05.27.2011

The World Bank’s Board of Executive Directors on Thursday approved a EUR500 million loan to support a social assistance program of Romania’s government estimated at EUR5.5 billion. more

01.18.2011

The World Bank is prepared to offer Romania technical and financial assistance for its planned follow-up deal with the International Monetary Fund and the European Commission, much like it did when more