Economy minister Videanu: the new investment fund might be functional in several weeks

Romania’s Economy minister Adriean Videanu said that the new investment fund, which the government plans to set up, might be functional in several weeks or months and will include minority shares of the Economy Ministry and other public institutions. According to Videanu, the name of the fund will be The National Investments Fund.

Shares will be used to produce money and will not be sold. PM Boc recently announced that the executive is working at a project to set up a national investment fund with several sources.