The Prime Minister Victor Ciorbea said Monday in a speech delivered in front of the North-Atlantic Assembly that the new privatization bill, which is being elaborated, stipulates maximum three institutions to deal with the privatization. He mentioned in this context that the Romanian experts along with those of the World Bank and the European Union are about to finalize an investment law, which should also guarantee the fact that the facilities offered to the foreign investors will be maintained for three or five years.
The head of the Executive said that the foreign investors will be able to acquire over 90% of the banks stock, which are now being privatized. Victor Ciorbea declared that the foreign experts valued the National Oil Society at $ 20 billion, its privatization being accomplished within a year and a half.

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