Romania Assigns RON228M To 2011 Clunkers Program

Romania will continue its clunkers program continue this year starting the second half of March and the Government has earmarked 228 million lei (EUR1=RON4.2584) for scrapping bonuses, Prime Minister Emil Boc said Wednesday evening.Boc added the funds may be supplemented if demand on the market is higher.The Government approved the Environment Fund's budget in Wednesday's Cabinet meeting.Romanians scrapped 190,000 old cars and bought 63,000 new cars through the clunkers program last year, ...

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