Financial and Banking
Romania Lends Egypt $200mn
Under an agreement signed in Cairo on 24 November, Romania will lend Egypt$200mn for unspecified development projects. The agreement was signed during thevisit of Romanian President Nicolae Ceausescu to Egypt, which culminated withthe conclusion on 25 November of a protocol for long-term bilateral cooperationbetween the two countries. According to Egyptian officials, the protocolprovides for cooperation in...