Romanian Govt To Write Off RON1.1B Debts Of Heating Plants

The Romanian Government will write off 1.1 billion lei (EUR1=RON4.2397) worth of debts of 35 thermal power plants that are under the subordination of city halls, in a three month period at most, minister of Administration and Interior Dan Nica said Monday."We will assist each city hall with a thermal plant under its subordination to ask for state aid for debts write-off. These are state debts as the commercial ones could not be written off. This could have been done since 2006," Nica ...

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