Victor Ponta: We shall reduce tover one billion lei local authorities' arrears by 5 percent monthly

Prime Minister Victor Ponta in Calafat (southern Romania) on Wednesday said that, as the International Monetary Fund (IMF) requested, the Government would earmark money to reduce the arrears of the local authorities accumulated over time and which currently amounted to one billion lei (about 0.2185 billion euros).According to him, some of the money from the budget revision, included, will be directed to the reduction of these arrears, which will be ...

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