Romania's corruption fight puts the brakes on investment

April 8, 2015 5:00 AM

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BUCHAREST, April 8 (Reuters) - Romania's crackdown on corruption is having an unintended consequence: investment is slowing as many officials avoid approving projects lest they become the next target of the investigators.

Civil servants and ministers who would otherwise sign off on projects, sometimes but not always in return for bribes, have become hesitant. Even honest officials fear the deals will attract scrutiny by prosecutors and that they will join a long line of public figures to be investigated or imprisoned...

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