European Investment Bank
The European Investment Fund (EIF) signed on Wednesday four financing agreements in Romania, extending more than 170 million euros to Romania for the development of small and medium-sized enterprises and to credit students who want to continue their studies abroad.
The 3-billion-euro loan recently drawn by the Government "has the highest cost of Romania's history," the interest being almost 2.2 billion euro, Pro Romania party Chairman and former PM Victor Ponta told a press conference on Sunday. He spoke of the 3-billion-euro loan which the Government, the Finance Ministry took in only one day.
EU ambassadors on Wednesday confirmed the common understanding reached by the Romanian Presidency and the European Parliament on InvestEU, which will bring together under one programme 14 different financial instruments currently available to support investment in the EU, according to the Romanian Ministry of Public Finance (MFP).
Software Group will open 200 new jobs in Bulgaria by 2021, the company said today. The company founded in Bulgaria operates on six continents and with over 150 clients in 70 countries. At present, the number of its employees exceeds 350. The expansion will be funded with the first EIB investment loan from the European Investment Bank (EIB) amounting to € 18 million.