Banks may co-finance EU-funded projects, due to high liquidity

calendar March 7, 2010

Due to large amounts of cash available in the banking system, banks should consider financing projects aimed at drawing EU funds, as the Public Finance Ministry will tone down its presence on the domestic state bonds’ market, compared to 2009, Finance Minister Sebastian Vladescu said.

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Banks may co-finance EU-funded projects, due to high liquidity

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