Banks-Insurance
Banca Transilvania To Buy Back 0.67% Stake For Loyalty Program
Romanian lender Banca Transilvania (TLV.RO) plans to buy back 0.67% of its shares in the first half of 2012, for an estimated 10.32 million lei (EUR2.4 million), under an employee loyalty pr...
Romania Resumes EU-Fund Reimbursement Applications - EU Affairs Ministry
Romania’s European Affairs Ministry said Thursday the country has resumed sending the European Commission bills for reimbursement for all programs financed from EU structural funds.
Banks About To Take A Day Off To Implement IFRS
Romanian banks are about to start reporting according to the international standards, which will heavily test their IT systems and administrative resources.
Orban: EC Wants To Make Further Corrections Targeting Refunds For EU-Funded Projects
The European Commission wants to make extra financial corrections targeting Romanian EU-funded investments, by refunding only EUR400-500 million and withholding some EUR100 million, which wi...
Government Sets 29 Activity Sectors
The Romanian Government on Wednesday set a list of 29 activity sectors for which collective work contracts may be negotiated and signed, said Labor Minister Sulfina Barbu.
Government Sets Up Agency For Payments And Social Inspection
The Romanian Government on Wednesday decided to set up the National Agency for Payments and Social Inspection by reorganizing the Agency for Social Work.
IMF Concerned About Renewed Pressure On Romanian Leu Exchange Rate
The Romanian central bank should pursue a cautious monetary policy to fend off possible pressures on the leu and renewed capital outflows, an official of the International Monetary Fund told...
IMF: Romanian Banks Not In Danger Of Collapsing
Romanian banking system remains rather balanced, despite some deleveraging from parent banks, and it is highly unlikely that one of the lenders should collapse, an official of the Internatio...
EBRD Invests EUR8.8M Loan In Water Infrastructure In SE Romania
The European Bank for Reconstruction and Development Wednesday said it will extend a EUR8.8 million loan to public utility company Dunarea SA Braila to improve water services in Braila count...