Feb. 04 -- BUCHAREST -- The Government will issue an ordinance by means of which people who have bank loans and an income amounting to 1,610 lei a month at most can pay half of the instalments for two years after an agreement with the bank. This measure will come into force on April 1 . 'It is a measure to be taken through a Government ordinance. ... We finally have the assent of our international partners. It is a measure in support of the individuals that have bank loans. First of all, it applies to all loans taken by individuals, be they wage earners or pensioners. The condition is that they have a monthly income lower or at most equal to the net average salary, 1,610 lei , and no outstanding instalments overdue by more than 90 days. This is a measure which is obviously optional, it is not compulsory for individuals, but from which any of the current 907,000 individual debtors can benefit,' said Premier Victor Ponta at the end of the talks with the representatives of the International Monetary Fund . The Prime Minister added that this cutting to half would apply to all loans, but it would not exceed 500 lei (about 111 euros ). According to the Premier, 'the measure has been discussed and worked on for more than one month with the National Bank of Romania too.' As for the tax credit from the state, Minister Delegate for Budget Liviu Voinea made it clear that it was opened for two years and could amount up to 200 lei a month (about 44.5 euros ). ___ (c)2014 Agerpres, Bucharest, Romania Visit Agerpres, Bucharest, Romania at www1.agerpres.ro/english Distributed by MCT Information Services
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