21:08, 9.07.2008 If Debt-Free, Romaniaas Coal Mining Co CNH Could Be Profitable - Fin Min

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TARGU JIU / 21:08, 9.

07.2008 Romaniaa€™s coal mining company Compania Nationala a Huilei, or CNH, could switch to profit if it were debt-free, the minister of Economy and Finance Varujan Vosganian said Wednesday.Vosganian said public reactions to the government’s decision to block foreclosure procedures at CNH are "excessive", as the measure was not "populist, but it was meant to protect some of Romania’s significant natural resources.""Today, if CNH were to be debt-free, it might...

Read the whole story in: Mediafax