Mircea Ursache To Be Nominated As Romanian Privatization Auth Pres – Sources

Bogdan Georgescu, the president of the social democrat’s youth organization in the capital city Bucharest, will be nominated for the position of vice-president within AVAS, the sources said.

Mircea Ursache led the institution in April 2004-January 2005 and is currently a member of the Supervising Board of investment fund Fondul Proprietatea.

Ursache and Georgescu competed for the nominalization at the helm of Romania’s Privatization Authority, a position that it is to be filled by a member of the Social Democratic Party, according to the governing coalition’s rules.

In December, the social democrats and the democrat liberals agreed to form a Government, following the general elections held at the end of November.