Government Lowers Expectations For Sale Of State Properties, After Failed Auctions

08.03.2012 By Radu Bostan

Romania's Government has drastically scaled back its expectations for the sale of state-owned buildings managed by RA-APPS, from 706 million lei (RON151.89 million) to RON296.2 million, as most of the auctions held by the authority so far have failed to attract buyers.

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