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EIB may lend $1.2 bln for Romanian projects in 2013

The European Investment Bank plans to “considerably” boost lending in Romania this year to help the country accelerate economic growth. The Luxembourg-based bank may provide as much as €900 million ($1.2 billion) in financing in the eastern European country, compared with €335 million last year, EIB President Werner Hoyer told reporters in Bucharest Monday. “We are willing to considerably increase our lending in Romania this year and we have several projects in the pipeline,” Bloomberg quoted Hoyer as saying.