recapitalization

The European Commission has concluded that Romania’s recapitalisation of the fully state-owned CEC Bank with 200 million euros (one billion lei) does not constitute state aid within the meaning of EU state aid rules, the Commission said in…

The Finance Ministry will transfer RON 900 million to the CEC Bank for capitalization, immediately after receiving the go-ahead from the European Commission, Finance Minister Eugen Teodorovici announced on Tuesday at Victoria Palace.…

Recapitalization needs for the companies operating in Romania amount to about EUR 11 billion, of which EUR 6 billion for the private companies with foreign capital, EUR 4.5 billion for private companies with Romanian capital and EUR 0.5…