Romanian Govt Asks Parliament To Resume Automobile Craiova Privatization Law Debates - Sources

"The Executive decided to ask the Senate to continue debates on this draft law, even though the European Commission has yet to send an official reply on the legality of the transaction between the state and Ford. The draft law is under debate in the privatization committee of the Senate," Ministry sources told MEDIAFAX.

Government sources previously stated that Romania would receive approval from the Commission for the takeover of Automobile Craiova Ford, and after the transfer of property, talks would be continued between Romanian authorities and the Commission on the regional state aid for the training of employees and development of the infrastructure.

The commission asked Romania to suspend all subsidies pending investigation completion.

At that time, the Government delegated the minister in charge with Parliament relations, Mihai Voicu to ask the Parliament to postpone the debates on the draft law until Romanian authorities receive a reply from the Commission on this privatization.

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