Romania seeks to preserve recovery funds through capitalisation of state investment bank
Romania is negotiating with the European Commission over a plan to channel part of its remaining Recovery and Resilience Facility (RRF) resources into the state-owned Investment and Development Bank (BID), a move that could allow the funds…
iulian ernst · Journalist
· Updated · 2 min read
Romania is negotiating with the European Commission over a plan to channel part of its remaining Recovery and Resilience Facility (RRF) resources into the state-owned Investment and Development Bank (BID), a move that could allow the funds to be used beyond the programme’s official end in August, according to Cursdeguvernare.ro.
Interim minister of investments and European projects Dragoș Pîslaru confirmed that discussions are ongoing and said Romania could receive an answer on June 19.
