The Guarantee Fund for loans for SMEs was increased by 5 billion lei, with the possibility of gradually increasing up to 15 billion lei. The interest is to be subsidized from the budget. The guarantee fund covers 90% of the guarantee for loans less than 1 million lei and 80% of the guarantee for loans greater than 1 million. During the state of emergency, starting with 16th of March 2020, small and medium-sized enterprises holding the emergency situation certificate issued by the Ministry of Economy, Energy and Business Environment, benefit from the deferred payment for utility services – electricity, natural gas, water, telephone and electricity services. internet, as well as the deferred payment of the rent for the building destined for registered office and secondary offices. In case of the questions, please, do not hesitate to contact us: Carmen Cojocaru Partner [email protected] +40 727 333 336 Eduard Pavel Partner [email protected] +40 727 333 345
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