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Gov't Supports BCR's Rapid Takeover by Erste Bank
Romanian authorities will back up the actions for a rapid take-over of Banca Comerciala Romana (BCR) by Austrian ERSTE Bank, said Romanian Prime Minister Calin Popescu Tariceanu at a meeting in Vienna with ERSTE Bank General manager Andreas Treichl, ACT Media news agency reports.

During the meeting, Tariceanu and Treichl expressed confidence in the positive outcomes of the transaction.

The Romanian head of government said Romania's economy offers business opportunities to ERSTE Bank that include co-financing for projects carried out on European funds and support for Romanian business operators seeking regional expansion.

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