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FinMin: Development Bank - part of a strategy to reorganize entire package of state-owned financial banking companies

The planned National Development Bank (BND) is part of a strategy to reorganize all the state-owned financial-banking companies, and will allow, for instance, the accessing of funding under the Juncker Plan, Finance Minister Florin Citu said on Thursday evening."The Development Bank - yet another state-owned bank when we already have so many state-controlled banks - is part of a strategy to reorganize the entire package of financial-banking companies owned by the ...

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