30/03/2011 (Agence Europe) - Romania. On Wednesday 30 March, the European Commission authorised a 12-month extension until 31 December 2011 of a temporary Romanian scheme to grant subsidised guarantees for investment and working capital loans to firms. The extended scheme, initially approved on 9 July 2009, does not apply to companies in difficulty and excludes working capital loans for large companies from the benefit of the subsidised guarantee premium. It is in line with the stricter...