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Europe Daily Bulletin No. 7629

8 January 2000
Contents Publication in full By article 13 / 38
GENERAL NEWS / (eu) eu/romania
With 100 million euro, EU helps Romania hedge against social consequences of restructuring of major State-owned companies

Brussels, 07/01/2000 (Agence Europe) - The European commission and the Romanian Government signed an agreement in Bucharest end-December on the grating of a 100 million euro grant from the EU in view of supporting the country in its economic reforms, industrial restructuring and vocational re-conversion. Of the 100 million, 30 million will be used to encourage the setting up of small and medium-sized companies (SMEs), which could lead to the creation of 10,000 jobs. 14 million euro will be...

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