CPC disagrees with amending the Insolvency Law by Emergency Ordinance

Employers’ Confederation Concordia (CPC) disapproves the adoption of the Emergency Ordinance no. 88/2018 for the modification and completion of normative acts in the field of insolvency, in a non-transparent manner and without consultation with the business environment.

We reiterate in a Press release the need for the Government to abandon the excessive issuance of emergency ordinances on fundamental issues for the Romanian economy, affecting hundreds of thousands of companies and millions of employees.