![](https://media.business-review.eu/unsafe/420x250/smart/filters:contrast(5):quality(80)/business-review.eu/wp-content/uploads/2015/06/rural-development.jpg)
In the government meeting today, the executive will discuss a memorandum for a EUR 450 million loan from the European Investment Bank (EIB) to continue investing in rural development.
”In connection with the continuation of some important investments in rural development, we have a memorandum on the contracting of a loan from the European Investment Bank, amounting to EUR 450 million,” said PM Viorica Dancila.
The funds are for the co-financing of projects supported by funds European and National Rural Development Program 2014 – 2020.
According to the prime minister, the loan agreement was negotiated with the support of the Ministry of Public Finance, in advantageous conditions for Romania.