The EU discriminates Romania in the CEC recapitalization affair

The EU’s Competition Directorship refused to validate as legal the recapitalization initiative of one of the two Romanian banks through which the state plans to save the economy. Instead, Ireland gets, as an “incentive” to review the referendum of the Lisbon Treaty approval, the go-ahead for state aids to a similar bank, eight times larger than the funds requested by the Romanian government for CEC Bank. With a state aid of 2.5 billion RON, the Romanian state... citeste mai mult

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