Minister Ialomitianu: Stock for debt swap at CFR neither wipes debt nor breaches EU laws

The stock-for-debt swap of the CFR company debts, estimated at about a billion euros, does not represent wiping off debts but a procedure to restructure a state-owned company, an operation which does not breach the European legislation, said Minister of Finance Gheorghe Ialomitianu on Tuesday, who took part in the meeting of the National Tripartite Council at the Palace of Parliament.'It is not about wiping off debts. This happens at private companies as well. It is about a measure ...

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