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European Investment Bank increases its support for SME projects in Romania by EUR 140 million
- Alston & Bird LLP
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- European Union, Romania
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- September 1 2009
Today, the European Investment Bank (EIB) announced its approval of two intermediate loans to the government of Romania, to support the projects of small and medium-sized enterprises (SMEs
European Commission and IMF jointly recognize the renewed commitments of Romania’s largest foreign financial institutions
- Alston & Bird LLP
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- European Union, Romania
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- May 20 2009
Yesterday, the European Commission and the IMF, in the European Banking Group Coordination Meeting held in Brussels, jointly welcomed the renewed commitments of the parent banks of nine of Romania’s largest foreign financial institutions "to take action needed to support their subsidiaries in the country."
IMF approves $17.1 billion stand-by arrangement for Romania
- Alston & Bird LLP
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- Global, Romania
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- May 5 2009
Yesterday, the IMF approved a $17.1 billion, 24-month SDR Stand-By-Arrangement for Romania, of which approximately $6.6 billion will be made available immediately and the remainder made available “in installments subject to quarterly reviews.”
European Commission formally requests Council to provide medium-term assistance to Romania
- Alston & Bird LLP
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- European Union, Romania
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- April 21 2009
Today, the European Commission (EC) formally requested the European Council "to provide medium-term financial assistance to Romania of up to 5 billion."
European Commission provides 5 billion in medium-term assistance to Romania
- Alston & Bird LLP
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- European Union, Romania
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- March 30 2009
Last week, the Ecofin Council and the European Commission (EC) issued a joint statement regarding its grant of 5 billion in medium-term assistance to Romania
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- Firm Name - Alston & Bird LLP
- Author - Tara Castillo
- Jurisdiction - Romania