Romania To Keep Subsidizing Coal Mining After ’10 – Official

„This sector needs to be relieved of a historic burden, which means a high volume of debts and arrears. (…) We will have to keep finding subsidy solutions,” Serban said at the MEDIAFAX Talks about Energy conference.

CNH, the bituminous coal mining company, is the biggest debtor to Romania’s budget, and its debts continue to rise. It is also one of the ten state companies under the IMF monitoring.