Banks-Insurance
Government: Ministers Who Fail To Speed Up EU Fund Absorption To Be Dismissed
The ministers and heads of authorities in charge of EU-funded programs who fail to speed up fund absorption and eliminate problems that hinder the process will be dismissed, Romanian Governm...
Government To Guarantee Loans For Building Thermal Rehabilitation In 2012
The Romanian Government on Tuesday decided it will continue to provide government guarantees this year for loans financing building thermal rehabilitation projects.
Romania To Limit Guarantees For Priority Investments To EUR300M This Year
Romania's Government will limit the value of guarantees issued this year to support investment projects in priority areas, funded through EU programs, to EUR300 million.
Leu Dips Vs Euro In Calm Session
Romania’s leu edged lower against the euro in a sleepy session Tuesday, amid scarce volumes.
Leu Exchange Rate Weakens Slightly To 4.3575 Vs Euro
Romania’s leu traded below 4.36 per euro by midday Tuesday and the central bank’s reference weakened slightly to 4.3575 units, from 4.3558 units a day earlier.
Foreign Investments In Freefall: Just EUR23M In January
Romanian foreign direct investment, or FDI, fell to EUR23 million in January from EUR376 million in the same month a year before, the central bank said Tuesday.
BNR: Romania's Current Account Deficit Narrows To EUR37M In January
Romania's current account deficit narrowed to just EUR37 million in January from EUR139 million in the same month a year earlier, due mainly to the increase in current transfers surplus and...
Leu Stable Vs Euro In Early Trade, In Line With Region
The Romanian leu posted minors variations against the euro in ealry trade Tuesday, on low transferred values, staying in line with the regional currencies' trend.
Government Suspends Issue Of Compensatory Certificates For Nationalized Property For 6 Months
The Romanian Government on Tuesday decided to suspend for six months the issue of certificates whereby the people whose property was abusively seized during the communist period receive comp...