PERSONAL INSOLVENCY
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Banks-Insurance
Romania Puts Off Enforcement Of Personal Insolvency Law Until December 2016
The Romanian Government on Wednesday adopted an emergency ordinance putting off the enforcement of the personal bankruptcy law until December 2016, said the Executive spokesperson Dan Suciu.
Banks-Insurance
EXCLUSIVE: Romania Personal Insolvency Law Delayed Again
Romania’s government has once again committed to refrain from adopting a long-delayed law on personal bankruptcy, arguing the measure would impair credit discipline, according to the country...
Banks-Insurance
Government: Personal Bankruptcy Law Undermines Credit Discipline
Romania will refrain from adopting a series of bank law initiatives that could “undermine credit discipline,” including a bill on personal bankruptcy or a debt collection bill, the governmen...