Tens of persons, mostly elderly people, are waiting in the waiting room of the National Authority for Property Restitution every day to hear their names called by the guardian of the institution to attend hearings in various specialised commissions. The stake is huge as the Authority is the one choosing the files that will receive Fondul Proprietatea (Property Fund - FP) shares as compensation.
CEDO's convicting the Romanian state for flaws related to the procedure of returning nationalised properties to their owners reveals the fact that none of the Governments of the past 20 years has wanted to compensate the former owners, but has only served the interests of persons related to people in power. As the stake of restitutions is huge, of above 20bn euros, public institutions, party officials and local authorities have all entered what has become "the property restitution bubble".
Lawyer Iulian Lepa believes the floatation of Fondul Proprietatea will open a new Pandora's box as the situation of former owners will be far from being solved through this event.
Tens of persons, mostly elderly people, are waiting in the waiting room of the National Authority for Property Restitution every day to hear their names called by the guardian of the institution to attend hearings in various specialised commissions. The stake is huge as the Authority is the one choosing the files that will receive Fondul Proprietatea (Property Fund - FP) shares as compensation.
CEDO's convicting the Romanian state for flaws related to the procedure of returning nationalised properties to their owners reveals the fact that none of the Governments of the past 20 years has wanted to compensate the former owners, but has only served the interests of persons related to people in power. As the stake of restitutions is huge, of above 20bn euros, public institutions, party of
