Deputies okay EximBank state-owned stocks to be managed by Finance Ministry
Monday, December 19, 2011
Chamber of Deputies plenary sitting, by 202 votes in favour, 38 against and four abstentions, on Thursday, passed the emergency ordinance stipulating that the EximBank state-owned stocks switch from under Authority for State Assets Recovery (AVAS) to the Public Finance Ministry (MFP)'s management. The Ordnance also has in view that EximBank's unallocated profit shall go the state budget.At present, 95.374 percent of the EximBank's shares are held by the Romanian State and managed ...

