GENERAL CONSIDERATIONS CONCERNING THE OPENING OF INSOLVENCY PROCEEDINGS OF THE ADMINISTRATIVE-TERRITORIAL UNITS OF ROMANIA
The main objective of this paper is to talk about the concept of insolvency of Romanian administrative-territorial units, because during this year the Government elaborated a special Emergency Ordinance referring to the financial crisis and insolvency of Romanian administrative-territorial units. In...
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| Format: | Article |
| Language: | English |
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University of Petrosani
2013-10-01
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| Series: | Annals of the University of Petrosani: Economics |
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| Online Access: | http://www.upet.ro/annals/economics/pdf/2013/part1/Cenuse-2.pdf |
| Summary: | The main objective of this paper is to talk about the concept of insolvency of Romanian administrative-territorial units, because during this year the Government elaborated a special Emergency Ordinance referring to the financial crisis and insolvency of Romanian administrative-territorial units. In this paper, we proposed to present in detail the method of starting and ending the procedure for opening insolvency proceedings of administrative-territorial units, since the whole process is a very extensive one and cannot be the subject of a single paper-work. |
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| ISSN: | 1582-5949 2247-8620 |