Vladescu: Had we sold BCR today, we would"ve found no buyer - Azi

All news

Banca Comerciala Romana would not have found a buyer in today"s international financial climate, and if privatisation had been delayed by a further eight months, we would have never received even 2bn euros for the 62% sold, says Sebastian Vladescu, former head of the privatisation committee and finance minister.

"Had we gone out on the market seven months earlier, I think we would have got 2bn euros. What"s sure is that eight months later we wouldn"t have got even that. It was just lucky that...

Read the whole story in: Ziarul Financiar