Property Restitution: What Went Wrong in Romania?
Property Restitution: What Went Wrong in Romania?

Summary/Abstract: Real estate speculations are the source of fortune for many of the Top 300 richest people and this national sport continues; those paying the price are former owners deprived of their properties by the Communist regime. Leaving aside the judicial details of the restitution program, two traits distinguish Romania in Central and Eastern Europe: the indecision regarding the restitution process and , in nature or compensation,the successive adoption of several laws in more than a decade caused confusion and overlapping rights; and large scale abuse at both local and central levels, sustained by ambiguous laws and discrete judicial practices, can be seen in the questionable discrepancies of the restitution process from one county to the other

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