The National Association for the Development of Mining Areas - ANDZM will use 120 million euro for a program of restructuring in Romania’s mining regions, which have been hard hit by closing mines and social changes. The money comes from the state budget and a World Bank loan for closing mines, environment regeneration and absorbability of social shocks.
Half of the money - some 60 million euro - will be used for social-economic regeneration in 386 settlements affected by closing mines and lay-offs, according to Marcel Hoara, ANDZM general manager. Some 140,000 people have been subjected to massive lay-offs in the sector.
Reports from the area reveal a huge drop in population in the affected areas as many people have left for work abroad and many others live on pensions.
A World Bank representative also said on Monday that it was not yet clear how the money would be used as solutions in this regard are still documented.
HotNews.ro, Oct 16, 2006
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