The Minister of Finance, Alexandru Nazare, explains what happened with the blocking of ROMATSA accounts in the dispute with Pfizer: Pfizer obtained, in a court in Belgium, a measure on these amounts that were to reach Romania

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By TP

The blocking of the accounts was not instituted because ROMATSA was a party to the litigation with Pfizer, but because Pfizer obtained, in a court in Belgium, a measure on these amounts that were to arrive in Romania, explains Finance Minister Alexandru Nazare in a post on Facebook. «Today, I offered fellow ministers in the Government meeting the details that the Ministry of Finance has regarding the situation created by the seizure imposed on ROMATSA’s accounts as a result of the litigation with the Pfizer company.
It is important, first of all, to clarify the mechanism. EUROCONTROL is the European organization that collects the taxes paid by airlines when they use a country’s airspace. In the case of Romania, these amounts are collected through EUROCONTROL and then transferred to the Romanian side, through ROMATSA, for air navigation services. The blocking of the accounts was not instituted because ROMATSA was a party to the litigation with Pfizer, but because Pfizer obtained, in a court in Belgium, a measure on these amounts that were going to reach Romania,» Nazare wrote. He says that at this stage, ROMATSA must ensure the necessary legal representation to defend itself in the procedures regarding the effects of the seizure on the financial flows administered through EUROCONTROL. You may also be interested: «The Ministry of Finance will support these actions regarding the action, within the limits of its attributions, through the necessary legal and budgetary analysis and through coordination with the institutions involved. The general action strategy belongs to the Government of Romania, which will approve the directions to follow after evaluating the legal, budgetary and institutional options. Any decision must be taken orderly, legally and with attention to the impact on the budget and on the interests of the Romanian state.» The Ministry of Finance has the role of ensuring the representation of the Romanian state in the proceedings related to the litigation with the Pfizer company and of substantiating the options that will be presented to the Government. According to Nazar, the objective of the MFP is to defend the patrimonial interests of the state, to reduce the risk of extending the execution and to find a solution compatible with the fiscal-budgetary responsibility that Romania must maintain.


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