Romania Political Bickering May Delay IMF-Agreed Stake Sales
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Romania will probably fail to meet some deadlines for selling stakes in state-owned companies as political wrangling between nation’s two top political leaders impedes progress, Prime Minister Victor Ponta said.
The Balkan nation, which pledged to the International Monetary Fund to sell a 15 percent stake in its natural-gas grid operator Transgaz SA by the end of June, will probably delay the sale “by a short time period,” Ponta said during a meeting with foreign reporters in Bucharest today.