Friday, March 12, 2010

EU pays 1 bln euro loan tranche to Romania

BRUSSELS, March 11 (Reuters) - The European Commission said on Thursday it had paid Romania 1.0 billion euros ($1.36 billion), the second tranche of an international aid package.

"I am happy to report that Romania has complied with the policy conditions for the second EU disbursement," European Union Monetary Affairs Commissioner Olli Rehn said in a statement.

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