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Romanian Gov't, IMF discuss sale of 15-pct stake in Hidroelectrica

The Romanian Government will put up for sale in the first half of 2014 a package of shares of 15 per cent in Hidroelectrica, which would be higher than initially intended, Romania's Minister-delegate for Energy Constantin Nita told a press conference on Friday.He added that initially agreement was reached on the sale of a 10-per-cent stake in Hidroelectrica, but after further talks with the International Monetary Fund (IMF), the stake ...

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