THE ROLE OF EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT IN FINANCING ROMANIA’S ECONOMY BEFORE AND DURING COVID-19 PANDEMIC

Alina Hagiu, Marinela Bărbulescu, Maria Denisa Voicu

Abstract


Since it’s inception, the EBRD has been committed to promoting the market economy, private initiative and entrepreneurship. The EBRD provides finances for the banking system, and industrial and commercial companies, regarding new partnerships and but also investing in companies that already are functioning. It also provides finaces for public enterprises. All EBRD projects are made as to meet the client's necesities and according to the economic and financial conditions of the sector, region or country. In this paper we intend to present the EBRD's activity in Romania in the last 3 years but also its strategy for Romania for the present and next period, the period that is and will continue to be marked for a long time by the effects of the covid-19 pandemic.


Keywords


financing; strategy; performance; results; effects

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References


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Copyright (c) 2020 Hagiu Alina, Marinela Barbulescu, Maria Denisa Voicu

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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

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Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
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