General Considerations Concerning the Opening of Insolvency Proceedings of the Administrative-Territorial Units of Romania
Melinda Cenușe ()
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Melinda Cenușe: University of Petrosani, Romania
Annals of the University of Petrosani, Economics, 2013, vol. 13, issue 1, 55-60
Abstract:
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.
Keywords: Romanian administrative-territorial units; insolvency; Local Insolvency Register; the list of creditors (search for similar items in EconPapers)
JEL-codes: M10 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:13:y:2013:i:1:p:55-60
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