"Culture" borrows 140 million euros for investments

Uniunea Europeana

Without financing, culture cannot survive. The Board of Directors of the Council of Europe Development Bank (CEDB) has approved a loan of 140 million euros for the "Cultural Foundation" project, which aims to save historical monuments and build cultural buildings in Romania, the Ministry of Culture announced. According to the ministry: "The approval of the new credit line offers the extraordinary opportunity to almost completely revive the public infrastructure managed by the Ministry of

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