The government will take out a 41.5 million euro loan from the European Investment Bank (EIB) for the rehabilitation of the water supply networks in the cities. The 25-year loan has a grace period of six years. The project targets the rehabilitation and modernization of the water supply and management systems in Baia Mare, Bistrita, Drobeta Turnu Severin, Pitesti and Ramnicu Valcea. The total cost of works is 181.1 million euros. A part of the financing will come from ISPA funds (130.9 million euros) along with the EIB loan and the Romanian government will contribute 4.1 million euros.

The government contracted another EIB loan in the amount of 63 million euros for the opening of the Nicolae Grigorescu city belt subway line and the purchase of another six subway cars. The loan will also be used for making access facilities for people with disabilities in accordance with EU requirements. The EIB recently granted another 29.4 million euro loan to the government, in a project for the development of infrastructure in small and medium cities. Thirty-six cities in the Arad, Maramures, Mures, Harghita, Prahova and Suceava
 counties will benefit from the financing.

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