Article 1

The Union shall make available to Romania a precautionary medium-term financial assistance amounting to a maximum of EUR 1,4 billion. In case the facility is activated and disbursements are provided, the assistance shall be provided in the form of a loan with a maximum average maturity of seven years.

The precautionary Union financial assistance shall be available for activation, and disbursements may be requested, until 31 March 2013.