Banks-Insurance
IMF: Lowering Romania’s Budget Gap To 3% Of GDP Is Challenging
Romanian authorities face a “challenging” task in reducing the budget gap to 3% of the gross domestic product under ESA95 standards in 2012, particularly since budget calculations will inclu...
IMF: Romania Central Bank May Need To Adjust Monetary Policy
The Romanian central bank may need to adjust its monetary policies to tackle rising food and fuel prices and reach its inflation target for 2012, an official of the International Monetary Fu...
Leu Up Vs Euro In Early Trade
Romania’s leu edged higher against the euro after a slow start Monday morning, amid a positive sentiment following better-than-expected jobs results in the US Friday.
Romania Unlikely To Tap Into IMF Funds In 2011 - Mission Head
Romania is highly unlikely to access the funds made available through a EUR5 billion precautionary deal from the International Monetary Fund and the European Union in 2011, IMF mission chief...
IMF: Romania To Step Up EU Fund Absorption Or Face Repays
Romania could be forced to refund up to EUR1.5 billion in European money this year unless it accelerates structural fund absorption, an official of the International Monetary Fund said Monda...
IMF: Romania To Sell Large Stakes In Key Energy Companies
Romanian authorities will make the necessary arrangements to sell “significant stakes” in several key energy companies in the coming months, including nuclear power company Nuclearelectrica...
Franks: Romania, IMF Agree On Economic Policies For Follow-Up Deal
Romania and the International Monetary Fund have reached an agreement on the economic and fiscal policies to be pursued during a EUR5 billion two-year precautionary program, IMF mission chie...
EU: Romania Meets Criteria For EUR150M Loan Disbursement
Romania has met the criteria requested by the European Commission for the disbursement of the final tranche of a EUR5 billion loan, worth EUR150 million, the EU mission chief Istvan Szekely...
INS: Romania's 1Q Adjusted Industrial Output +10% On Year
Romanian first quarter adjusted industrial production rose 10% compared with the year-earlier period, on higher output in all sectors, the statistics institute INS said Monday.