Banks-Insurance
Romania To Sell 3-Year Foreign Currency Bonds Next Week - Sources
Romania’s Finance Ministry plans to issue a three-year foreign currency bond issue on the local market next week, the sixth such debt sale in the last two years, people familiar with the mat...
Private Pension Guarantee Fund Might Be Running By End-Year
Romania's private pension system guarantee fund might become operational by the end of the year, if the Chamber of Deputies adopts the relevant bill during the current parliamentary session,...
Romania Meets EU Criteria For Loan Disbursement - Finance Minister
Romania has met the fiscal and structural reform criteria requested by the European Commission for the disbursement of the final tranche of a EUR5 billion loan, Finance Minister Gheorghe Ial...
Eurostat Team Visits Romania For Talks On 2010 Deficit
A team of European Union’s statistical arm Eurostat will arrive in Bucharest at the end of the month to hold talks on the country’s budget for 2010, a Finance Ministry official said Wednesda...
Bucharest City Mall To Be Put On Sale For EUR26.2M
Bankrupt shopping center City Mall, in Bucharest, will be put on sale for the third time on May 16, at EUR26.2 million, after two previous failed attempts, Wednesday said Radu Lotrean, partn...
Volksbank’s Exposure To Romania Reaches EUR3.5B - VP
Austrian Volksbank’s exposure to Romania reaches EUR3.53 billion, covering over 70% of the assets of its local branch, an official of Volksbank Romania said Wednesday.
UPDATE: IMF Has ‘No Doubts’ On Romania 2010 Deficit Data - Official
(adds Finance Minister comments, details in grafs 11-13)
Senate Rejects Solidarity Tax Targeting Financial Institutions
The Romanian Senate on Wednesday rejected a bill introducing a 2.5% solidarity tax on the profit of financial and lending institutions, which was put forward by several ruling democrat liber...
Boc Assures IMF Delegation Romania Can Emerge From Recession
Romanian Prime Minister Emil Boc met Wednesday morning with officials of the International Monetary Fund, European Commission and the World Bank, whom he assured Romania can emerge from rece...