IMF: Romania To Put 15 Companies Under Private Management

Romania and the International Monetary Fund have agreed on a list of 15 state-owned companies which will be run by private managers, IMF mission head Jeffrey Franks said Monday.However, a definitive number is yet to be established, Franks told a news conference in Bucharest."It is the IMF's recommendation that the largest state-owned companies which are not up for privatization should be placed under private management," he said.In an interview for MEDIAFAX later Monday, ...

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