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Government approves canceling of CFR debts

April 4, 2012

The government has approved the start of the procedure through which the RON 3.99 bln that the Romanian Railways Company (CFR) owed to the state at the end of last year will be canceled by being converted into shares, Mediafax informs. The emergency ordinance that stipulates this operation was approved yesterday. The ordinance was also [...]

The text of this article has been partially taken from the publication:
http://www.nineoclock.ro/government-approves-canceling-of-cfr-debts/
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