EXCLUSIVE: Romania Personal Insolvency Law Delayed Again

11.14.2013 By Florentina Dragu

Romania’s government has once again committed to refrain from adopting a long-delayed law on personal bankruptcy, arguing the measure would impair credit discipline, according to the country’s latest letter of intent to a EUR4 billion loan agreement with the International Monetary Fund and the EU.

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Keywords:
GOVERNMENT
, PERSONAL INSOLVENCY
, IMF