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FinMin: Any increase in guarantee ceiling for IMM Invest must be approved by European Commission

Any increase in the guarantee ceiling for the IMM Invest programme (meant for SMEs) must be approved by the European Commission because this program is a state aid scheme, according to the Minister of Finance, Florin Citu.Citu's reaction was triggered by the adoption on Wednesday by the plenum of the Chamber of Deputies of the Emergency Ordinance on IMM Invest, modifying the normative act so that, for 2020, the total ceiling of guarantees that can be granted under the ...

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