Prime Minister Marcel Ciolacu on Tuesday met banking leaders to discuss the need for a more efficient coordination between the government and the private sector in order to support large investment projects in key areas for Romania’s economic development.

„We have established that dialogue with banking leaders will become a regular one in order to be able to follow up on the unfolding of the solutions established today. It is clear to us that we share interest in an economically stronger Romania with thriving business and thriving companies,” Ciolacu wrote on Tuesday in a social media post.

He said having told „the most important bankers that this government continues, without reservations, to support public investment as a priority, and 80% of the government deficit in the first eight months of 2024 is generated by investment.”

„This is the right path for the economic development of a country, as all important European countries did when they were in Romania’s position today. Agriculture and food industry, construction materials, energy, transport or petrochemicals are the priority areas where the government has ongoing state aid schemes and massive support programmes. I was glad to see that the banking industry is receptive and ready to support the development of these vital areas for the future of the country.”

AGERPRES