Bloomberg:Romania May Delay Share Sales This Year, IMF Mission Chief Says

Romania may delay the sale of shares in a few state owned companies this year because the high number of approvals needed from authorities means it is taking longer than anticipated, Jeffrey Franks, the International Monetary Fund mission chief to the country said.The Balkan nation, which failed to sell a minority stake in OMV Petrom SA in July because of market turmoil, will also try to sell interests in other companies before reviving the Petrom sale, Franks said in an interview in ...

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