www.gandul.ro/actualitate/premierul-luca-niculescu

The government led by Prime Minister Luca Niculescu is working to prevent the bankruptcy of Liberty Galați Steel Plant, with a restructuring plan deadline set for November 9. A meeting was held to discuss measures to protect the 2,400 employees and negotiations with five potential investors. The inter-ministerial committee recommended creditors approve the new restructuring plan, emphasizing the plant's strategic importance for Romania's economy. The government plans to extend salary payments for employees for an additional six months while seeking solutions for the plant's future. Direct negotiations with interested investors will take place during this period.