Romania's EBRD capital subscription increases by EUR 19.36 million

Romania's EBRD capital subscription increases by EUR 19.36 million

Business 16 October 2024 13:31

President Klaus Iohannis on Tuesday promulgated a law that provides for an increase in Romania's capital subscription in the European Bank for Reconstruction and Development by 1,936 shares worth EUR 19,360,000, CE Report quotes Agerpres

The paid-up capital of EUR 19,360,000 is paid starting with 2025 by bank transfer in euros in equal annual instalments until April 30, 2029.

More details at the link

Tags

Related articles

Pomorie Seeks UNESCO Status

31 May 23:00

Pomorie Mayor Ivan Aleksiev announced on Saturday that the town is determined to become a top tourist and spa hub on Bulgaria’s Southern Black Sea coast.

Erdogan Criticizes Global Capitalism

30 May 23:55

President Recep Tayyip Erdogan, speaking at the Second Global Islamic Economy Forum in Istanbul on Friday, strongly criticized the global economic system, calling it exploitative and interest-driven.

100 Million Euros for School Upgrades in Greece

30 May 22:35

On Friday, a second contract for the “Marietta Giannakou” School Building Renovation Programme was signed by key Greek ministers and the Hellenic Union of Banks, which is funding the project.

Bulgaria's External Debt Rises Sharply

30 May 16:00

Bulgaria’s gross external debt reached €48.675 billion (44.5% of GDP) at the end of March 2025, according to preliminary data from the Bulgarian National Bank.

China Urges End to US Tariffs

29 May 17:35

China responded to the US Court of International Trade's decision to block former President Donald Trump’s global tariffs by stating that “protectionism harms all and is ultimately unpopular.”

La Iepurași Guesthouse Saves Big with Solar Power

27 May 22:25

Speaker Igor Grosu visited the "La Iepurași" guesthouse in Florești district today.

Most read

Press Releases

Features