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Image header Agence Europe
Europe Daily Bulletin No. 9917
Contents Publication in full By article 23 / 30
GENERAL NEWS / (eu) eu/state aid

Commission authorises temporary Romanian guarantee scheme to boost real economy

Brussels, 09/06/2009 (Agence Europe) - On Monday 8 June, the European Commission authorised a Romanian scheme intended to provide relief to companies encountering financing difficulties as a result of the credit squeeze in the current economic crisis. The scheme allows authorities to grant aid in the form of subsidised guarantees for investment and working capital loans. The reduction of the guarantee fee can be applied during a period of up to two years for loan guarantees contracted no...

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