GENERAL CONSIDERATIONS REGARDING THE PARTICIPANTS TO THE INSOLVENCY PROCEEDINGS OF THE ROMANIAN ADMINISTRATIVETERRITORIAL UNITS

Annals of the University of Petrosani: Economics

MELINDA CENUŞE¹ 

[1] University of Petrosani, Romania;

关键词: insolvency of administrative-territorial units;    insolvency proceedings;    arrears;    Local Government authorities;   

DOI  :  

来源: DOAJ

【 摘 要 】

In this article the author intended to continue the study of the concept of insolvency of administrative-territorial units. The insolvency of administrative-territorial units was regulated at legislative level in Romania by a Government Emergency Ordinance in May, 2013. With the adoption of the aforementioned regulations, the Government aimed a reduction in the volume of administrative-territorial unit arrears complying, at the same time, with the Stand-by Agreement with the International Monetary Fund related to the reduction of arrears, as well as to the reopening of the activity of goods and services providers which have to collect arrears from Local Government authorities. The present paper presents and explains the powers of authorities involved in opening insolvency proceedings.

【 授权许可】

Unknown