Realising the potential of regionalisation
- From: Vol 12, Issue 2 (February 2011)
- Category: General
- Region: Europe
- Country: Romania
- Related Companies: European Bank for Reconstruction and Development
The EBRD has a long history of lending to Romania. Now, it is proposing to make its largest ever commitment to facilitate the development of the country’s water sector.
The European Bank for Reconstruction and Development (EBRD) is hoping to mobilise around €1.5 billion of European Union funding, in order to bring the Romanian water and wastewater sector into compliance with EU Directives.
The process of regionalising local water utilities in Romania is well underway, and the EBRD is now proposing to extend €200 million of non-recourse financing ...
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