Fin Min Teodorovici eyes transparent mechanism for ROBOR, ‘First house’ programme to become more social

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Finance Minister Eugen Teodorovici says very soon we will witness a radical change in the way Romanians pay the ROBOR. In a statement for Antena 3 TV private broadcaster, Teodorovici said the mechanism would become more transparent for all the banks’ clients.

“I further support it and I will not give it up:  to have a transparent mechanism for the ordinary people, not for the bankers, that’s the world of bankers from which all of us have been standing far away,” the Finance Minister said.

On the other hand, he said that the ‘First house’ programme has funds of RON 2 billion this year and will continue, so that by the end of February an amended form will make it more social.

“We have a limit of RON 2 billion this year for the ‘First house’ programme, it will continue, however we had talks with the Central Bank to make it more social. Most likely, by the end of February we’ll have the amended form, but no essential issues will happen. The funding is there, it’s included in the budget, the programme goes on. Until it is amended, it will continue as such by Government decision,” Teodorovici said Sunday evening.

He mentioned that the amendments will focus on the area of the house and the revenues of those accessing the programme.

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