The arbitral tribunal of the World Bank’s International Center for Settlement of Investment Disputes (ICSID) may rule on Friday in a case brought against Romania’s Gabriel Resources, the majority shareholder of Roșia Montană Gold Corporation (RMGC), over gold from Roșia Montană, following a scandal that the territory was included in the UNESCO heritage. Government spokesman Mihai Constantin, who spoke about the possibility, declined to say how the Romanian state would pay the $2 billion in compensation, saying that after the decision was announced, “a calendar will be set between the two parties for compensation.”

• “I may have heard from the Prime Minister, and I assume he has first-hand information and at the highest level, so that tomorrow (Friday – no) a decision will be communicated, it is also possible that it will be communicated to others. date. But the expansion of the boundaries of this decision can also last until March. (…)
• The government is ready to make this decision when the Arbitration Court issues a decision,” Mihai Konstantin said at the end of the government meeting on Thursday.

How will the Romanian state pay compensation of two billion dollars to Gabriel Resources?

He said that the authorities do not know if this amount “will be found in the decision”, but that after the decision “a compensation calendar will be established by mutual agreement”.

“It remains to be seen how quickly bilateral negotiations will take place after we officially announce,” the Government representative also said.

Romania could lose the case with Gabriel Resources for Roșia Montană, and while President Iohannis said he was “convinced that the government took precautionary measures”, Prime Minister Marcel Călăcu said he was “used to paying the bills for all the nonsense , made by others”. “and that after the court’s decision, he will release all the documents that show who was wrong in this case.