When the world doesn’t need you

Headline: When the world doesn’t need youSource: EuromoneyDate: April 2001Author: Chris Cockerill The Romanian government, many observers reckon, is playing a game of bluff. The IMF is told tales about privatization and restructuring while the populace is fed sops. The government, meanwhile is mired in inaction. Investors aren’t going to rush into such a market […]

Headline: When the world doesn’t need you
Source: Euromoney
Date: April 2001
Author: Chris Cockerill

The Romanian government, many observers reckon, is playing a game of bluff. The IMF is told tales about privatization and restructuring while the populace is fed sops. The government, meanwhile is mired in inaction. Investors aren’t going to rush into such a market until they are offered deals that are sufficiently attractive to outweigh unexpected risks.

       
Adrian Nastase
Eleven years after Nicolai Ceaucsescu was dragged from his impromptu trial and shot, Romania is still trying to dismantle his economic legacy.






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