Borosan: Energocom’s Loan from the EBRD Is Cheaper Than Direct State Borrowing

The Ministry of Energy’s State Secretary, Constantin Borosan, stated that Energocom’s loan servicing, contracted directly from the EBRD, costs less than if the state accessed the credit itself. He made the remarks following the Government’s approval of the draft law providing state guarantees for the €400 million loan, as reported by IPN. Borosan explained that […] The post Borosan: Energocom’s Loan from the EBRD Is Cheaper Than Direct State Borrowing appeared first on Moldova.

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