Romania To Seek EC Permission To Convert Posta Romana Debts Into Shares

Update 05.29.2013 By Ioana Tudor

Romania’s government will ask the European Commission to approve the conversion into shares of the state budget debts registered by postal operator Posta Romana, and the company’s 107 million lei (EUR24.6 million) new debt to tax authority ANAF will be restructured.

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Keywords:
POSTA ROMANA
, DEBT
, SHARE