Government: Personal Bankruptcy Law Undermines Credit Discipline

06.13.2013 By Florentina Dragu

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 government said in its latest letter of intent to a EUR3.6 billion loan agreement with the International Monetary Fund.

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Keywords:: GOVERNMENT; , IMF; , PERSONAL INSOLVENCY

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