EBRD Backs Romania Infrastructure Projects

The European Bank for Reconstruction and Development will provide some EUR20.3 million (USD27 million) to support infrastructure projects in two Romanian municipalities,

cited a report from Romanian Ziare.com as saying. Of the sum, EUR13 million will be spent to expand the streetcar network and rehabilitate streets in Arad. The remainder of the sum will be used to improve Brasov's streets.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.