Romania Prefers Rompetrol pay Debt in Cash, Not Shares, Government says
27.08.2010
By Andra Timu and Irina Savu
The Romanian government would prefer Rompetrol Group NV pay its debt to the state in full rather than receive shares from the refinery in a debt-for-equity swap, Finance Minister Sebastian Vladescu said.
The government is willing to extend the initial deadline for the repayment beyond...