Tuesday, May 08, 2007

Basescu wants transparent privatizations on stock market


Suspended president Traian Basescu participated on Friday in the Stock Exchange Fair in Bucharest. Basescu once again underlined the importance of avoiding frauds in the privatizations processes.

“We must stop signing privatizations in offices, with confidential clauses for life... we prefer to do it in a transparent manner, on the stock market.

Traian Basescu also mentioned the Transelectrica quoting, emphasizing the importance of the new entry on the stock market, but also for the future entries.

Stock market analyst Liviu Moldovan declared for HotNews that both Basescu’s presence and message were welcomed by brokers.

HotNews.ro, May 4, 2007

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