PROPERTY RESTITUTION IN ROMANIA – COSTS AND BENEFITS

Alexandru-Cristian Roşu ()
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Alexandru-Cristian Roşu: Romanian American University

Romanian Economic Business Review, 2015, vol. 10, issue 2, 103-108

Abstract: The issue of property restitution in Romania remains even in XXI Century a challenging legal institution. It has been linked to civil, commercial and even criminal law, as our economy has been affected in a significant way by the property restitution process. Due to the legislation lacks or misinterpretations, Romania has become a subject of criticism regarding property right, more specific regarding the properties that were abusively taken by the state during the communist regime. According to Government estimations, a total of EUR 21 billion will be needed to pay the compensation provided for by the compensation law

Keywords: National interest; property right; compensation measures; laws; restitution of properties; budget cost (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:rau:journl:v:10:y:2015:i:2:p:103-108

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