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Romania takes EUR 599 mln IBRD loan to fund green projects and its public deficit

September 20, 2024

The government ratified on September 18 the agreement between Romania and the International Bank for Reconstruction and Development (IBRD) on a EUR 599 million loan to fund green investment projects in energy and transport, but also the public budget deficit, announced the Executive's spokesperson Mihai Constantin.

These funds will finance the green transition, mainly actions in areas such as renewable energy, including off-shore wind energy, and transport. Public-private...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romania-ibrd-loan-sept-2024
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