Vosganian Says No State Company Emerged From Insolvency Successfully Due To Authorities’ Irresolution

03.05.2013 By Cristina Cuncea

Romanian Economy Minister Varujan Vosganian said Tuesday that, unfortunately, no state-run companies were rescued after entering insolvency, mainly due to authorities’ indecision to set off proceedings.

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Keywords:
VOSGANIAN
, STATE-RUN FIRMS
, INSOLVENCY