Romania Seeks to Borrow EUR 4 bln From EIB

World

Romania will approach the European Investment Bank (EIB) for a loan of approximately EUR 4 billion, to be used as co-financing for projects under the National Recovery and Resilience Plan (PNRR), local media reported.

The government approved a memorandum in this regard in its meeting on Wednesday, Digi24.ro announced.

"The value of the necessary financial support requested from the EIB is approximately EUR 4 billion for a series of investment projects in the transport (road, railway, metro) and health sectors, included in the PNRR," according to the government statement.

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