Romania To Guarantee Loans For SMEs In Trouble - Draft

06.15.2011 By Ioana Tudor

The Romanian state will guarantee 80% of the value of loans taken out by SMEs and will subsidize up to 50% the interest on the loans contracted to help firms cope with problems caused by the economic crisis, according to a draft emergency ordinance put forward by the Economy Ministry.

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Keywords:
SME
, LOAN
, GUARANTEE

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