Romania Govt. approves draft bill to unban the sale of stakes in state-owned companies

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(The Romania Insider)

Romania’s Government adopted on Wednesday a draft bill that bans a law voted by the Parliament last year that banned the sale of stakes in state-owned companies.

The new bill will allow state-controlled companies to draw money from private investors to finance their investment projects, prime minister Florin Citu explained.

“It is a clear message for investors, both in Romania and abroad, that this Government supports investments and knows that it needs investments to develop,” PM Citu 

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