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Monday, May 09, 2005
Business in Romania blog
LA Times features a pretty bad article about Romania.

The article deals with the Noble Ventures case and is a clear attack to the former Government led by Adrian Nastase:

"The group accuses the government of Adrian Nastase, the former prime minister, of sabotaging its acquisition of a state-owned steel mill and illegally renationalizing the mill in 2001 [...] The government of Prime Minister Calin Tariceanu, which took power in December, appears to be far more friendly to Western investors and is making efforts to eliminate the corruption that characterized much of the deal making under the Nastase administration."

Also, the article discusses the EDF and the Gavazzi Steel cases.

The article can be found HERE.

Posted by Mihai Botea : 5/09/2005 06:49:00 pm Bad article about Romania's former Government
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