Money from EU to be used for investments, PM says

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Prime Minister Emil Boc on Tuesday said Romania is going to inject the loan it had contracted with the European Union in investments, and not to discharge it in salaries and pensions.

‘The money is for investments. We will distribute it today to investments in various fields, as scheduled in the state budget. And, let it be God’s will too, we hope we will not be forced to change this strategy, at some point’ the PM said.
He also explained the money borrowed from the EU will be used to protect the jobs for Romanians in the current economic crisis.

‘The loan we had contracted with the European Union was meant to finance the country’s budget deficit. Today, the budget deficit is for investments only and so we intend to keep it. As this funds were meant to save the Romanians’ jobs, to create new jobs and to support massive public investments in infrastructure, transport and health,’ PM Emil Boc said.

He made this statement before the Deputies Chamber, where he attended a meeting dedicated to the Day of Fight Against Discrimination of People with Disabilities.’

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