Tanasescu: Debt rescheduling can generate more money for the budget and help companies rebound 08.06.2009

08.06.2009 Tanasescu: Debt rescheduling can generate more money for the budget and help companies rebound The Finance Ministry may resort to rescheduling schemes over the a limited period of time, of one to two years, in order to take care of the debt to the budget of ailing companies, if those companies undertake restructuring programmes and debt repayment

The Finance Ministry may resort to rescheduling schemes over the a limited period of time, of one to two years, in order to take care of the debt to the budget of ailing companies, if those companies undertake restructuring programmes and debt repayment schedules, to ensure constant flow of revenue to the budget and support recovery plans of those companies, says Mihai Tanasescu, former finance minister.

Tanasescu: Debt rescheduling can generate more money for the budget and help companies rebound

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