Banks-Insurance
EIB, World Bank To Help Romania Increase EU Fund Absorption
Leonard Orban, Romania's Minister of European Affairs, on Thursday signed memoranda of understanding with the European Investment Bank and World Bank regarding technical assistance for Roman...
Bucharest Court Of Appeals Cancels Fine Against Pension Fund BCR Pensii
The Bucharest Court of Appeals cancelled a 391,809 lei (EUR90,286) fine applied by the Competition Council in 2010 against private pension fund BCR Pensii for breaching the law regulating th...
Leu Up Vs Euro, Exchange Rate At 4.3396
Romania’s leu gained modestly against the euro by midday Thursday and the central bank’s reference strengthened 0.16% to 4.3396 units, from 4.3467 units a day earlier.
Leu Stays In Ranges Vs Euro, On Low Volumes
The Romanian leu traded in narrow ranges against the euro in early trade Thursday, in thin trading, in line with the other currencies in the region.
Tax Authority Faces Deadline To Refund Money Seized In Excess Of Debts
Romanian tax authority ANAF must refund in five days the money seized through distraint orders which exceeds contributors’ debts to the state, the Government said in a press release Wednesda...
Leu Ends Flat Vs Euro On Low Volumes
Romania’s leu traded in narrow ranges against the euro in late session Wednesday and closed nearly flat on the day, amid low volumes.
Firms Could Reduce Costs If They Offered Employees Private Pension Instead Of Bonuses
Companies could reduce staff expenses by 1.4% and raise profit by up to 7% if they offered employees voluntary private pension instead of bonuses or wage increases, according to the Romanian...
Leu Loses Early Gains Vs Euro, Exchange Rate At 4.3467
Romania’s leu lost its early gains versus the euro by midday Wednesday and the central bank’s reference weakened to 4.3467 units, from 4.3424 units a day earlier.
Leu Up Vs Euro In Early Trade, In Line With Region
The Romanian leu rose against the euro in early trade Wednesday, in line with the other currencies in the region, which were posting modest gains.