The Ministry of Finance Has Activated the Mechanism of 2 Billion Lei for Local Debts.

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The Ministry of Finance has approved and published the rules for the application of the compensation mechanism of an amount of two billion lei for the cancellation of the remaining payments of the local public administrations, has announced,...

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The Ministry of Finance announces that it becomes operational the compensation mechanism worth 2 billion lei, destined to extinguish the remaining payments recorded on September 30 by the administrative-territorial units, the public institutions financed from the local budgets and the public hospitals of the network of authorities of the local public administration, after the normative act was signed by Minister Alexandru Nazare. The deadline fo…

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The Ministry of Finance has approved and published the rules by which the two-billion lei clearing mechanism becomes operational to extinguish the debts of local administrations, subordinated institutions and local public hospitals. The first and the county councils may file applications by 25 November 2026.

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The Minister of Finance announced, by posting on his Facebook page, that he had released 2 billion lei for the cancellation of the debts of the local administrations and of the companies that worked for the communities. Alexandru Nazare points out that he has signed the order by which the measure provided for in the budget correction will be implemented. He announces that the municipalities and [...]

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The Ministry of Finance has approved and published the rules for the application of the compensation mechanism of 2 billion lei for the cancellation of the remaining payments of the local public administrations, announced, Tuesday, the institution. "The Minister of Finance, Alexandru Nazare, has signed the Order for the implementation of the provisions of Article 17(3)-(19) of the Emergency Ordinance of the Government no.41/2026 on [...] Article…

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The Ministry of Finance announced, on Tuesday, that it approved and published the rules for the application of the two billion lei clearing mechanism for the cancellation of the remaining payments of local public administrations. According to a press release of the Ministry of Finance, Minister Alexandru Nazare signed the Order for the implementation of the provisions of Article 17(3)–(19) of the Order of [...]