25 Jan 11

Romania Press Review - January 25, 2011

Government to back changes to local election law. Fondul Proprietatea to be listed on Bucharest stock exchange.  European Bank for Reconstruction and Development  revisesgrowth forecast.

Marian Chiriac

Members of center-right ruling coalition have decided the Government will back changes to the local election law to allow for mayors to be elected in a single round of elections.

Fondul Proprietatea, south-east Europe’s largest property restitution fund, is to be listed on the Bucharest stock exchange on Tuesda.

The European Bank for Reconstruction and Development has revised  its forecast for Romanian economic growth to 1.1 per cent  in 2011, from 0.9 per cent, citing slight improvements over recent months

Balkan Insight has not verified the facts in the original press reports and cannot vouch for their accuracy.

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