Bucharest City Hall sets 2011 budget: funding for national stadium and key projects sacrificed due to lack of funds - financiare.ro
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News » February, 2011 » 28 February 2011

Bucharest City Hall sets 2011 budget: funding for national stadium and key projects sacrificed due to lack of funds
28.02.2011, 19:49 | Finance-Banks | 725 views



The General Council of Bucharest City approved on Monday the city budget for 2011, cutting 235 million lei from the amount reserved for the Lia Manoliu stadium and for the funding of major urban development projects, including the suspended highway proposed by Mayor Sorin Oprescu.

Displeased with the Democratic Liberal-supported amendment in this regard, Oprescu said he would challenge the budget as it would prevent certain departments of the City Hall from functioning properly.

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