Personal insolvency law, promulgated by President Iohannis

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President Klaus Iohannis has signed on Thursday a decree promulgating the law on personal insolvency, ziare.com informs.

According to a press release of the Presidential Administration, the decree for personal bankruptcy law was signed on Thursday.

On May 20, the individual insolvency law was passed in the Chamber of Deputies for decision making body, without any vote against.

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