EIB May Boost Funding Pledges to Romania to EU1 Billion in 2016
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The European Investment Bank may boost its total funding pledges to Romania to 1 billion euros ($1.1 billion) in 2016 after stalled projects decreased lending to the country in the past three years, Vice President Cristian Popa said.
The Luxembourg-based bank approved about 700 million euros in funding to Romania so far this year, the highest amount since 2011. The lender is now looking to finance more projects in agriculture, energy, communication and health care, Popa said in an interview in Bucharest on July 15.