The new program stipulates that the approximately 500 members of the Managing Boards of commercial and national companies will no longer be politically appointed.

The new Ponta III Cabinet also plans to develop the policies designed to support the companies privatized after 1992, so that they can entirely fulfill their post-privatization obligations and exit the state’s monitoring.

“The new structure for the administration of the state’s private property will play a key role in this respect by granting state aid, alongside state-owned CEC Bank and state-run lender EXIMBANK,” according to the new governing program.