According to a Government press release, the EIB delegation is in Romania on the occasion of signing the financing contract worth 500 million euros, representing the first tranche of a total package of one billion euros for the construction of the A1 Sibiu–Pitești motorway.
The head of Government emphasised during the meeting the importance of consolidating cooperation with the EIB and with other European financial institutions, in close partnership with the European Commission.
The Prime Minister highlighted the fact that, in the context of the commitments undertaken regarding the fiscal-budgetary trajectory, EIB support is important for co-financing projects already included in national budget planning, thus ensuring the continuation and completion of investments.
„A priority area of cooperation is energy, where Romania aims to become a regional hub. In this regard, investments in smart grids, storage tech...