Romanian Govt To Write Off RON1.1B Debts Of Heating Plants - Min
Publish date: 21-07-2009The Romanian Government will write off 1.1 billion lei (EUR1=RON4.2397) worth of debts of 35 thermal power plants that are under the subordination of city halls, in a three month period at most, minister of Administration and Interior Dan Nica said Monday.
"We will assist each city hall with a thermal plant under its subordination to ask for state aid for debts write-off. These are state debts as the commercial ones could not be written off. This could have been done since 2006," Nica said.
Nica stressed out this operation "observes the European regulations."
A number of 1.64 million apartments are connected to the centralized heating system countrywide, 571,000 of whom in Bucharest.
On Monday, Nica met the mayors of several Romanian cities, representatives of Finance Ministry, of Economy Ministry, and of energy regulatory authority ANRE.
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