CFA Romania defends government’s plans to list more state-owned enterprises

CFA Romania Association has outlined the benefits for the state budget and for the functioning of the economy, of listing more state-owned enterprises (SOEs) by public offering of minority stakes. The report addresses the criticism reported by the Social Democrats (PSD) after deputy prime minister Oana Gheorghiu included in a note on the SOEs restructuring proposals for selling more of the state’s shares in already listed SOEs and for listing more SOEs.

PSD announced on April 20 plans to submit a draft law to Parliament banning the sale of assets in profitable state-owned companies for two years, despite agreeing earlier to sell minority stakes in the same enterprises as envisaged by the EU-sponsored Recovery and Resilience Plan.