CFR To Get State Loan For Paying Debts To Energy Suppliers

05.28.2012 By Radu Bostan

Romania's Government will give national railway administrator CFR a loan to pay its arrears to the private energy suppliers and will issue an ordinance whereby CFR will pay only the principal on its debt to state-owned supplier Electrica, but in several tranches and with no penalties.

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Keywords:
CFR
, DEBT
, IMF
, ENERGY