Banks-Insurance
IMF Has ‘No Doubts’ On Romania 2010 Deficit Data - Official
The International Monetary Fund has “no doubts whatsoever” on the quality of the budgetary data sent by Romania for 2010, the country’s representative to the IMF said Wednesday.
Romania March Private Lending Falls 1.9% On Month To RON204B
Romanian private lending fell 1.9% in real terms to 203.9 billion lei (EUR50.05 billion) in March from a month earlier, and was down 5.3% on the year, central bank data showed Wednesday.
SIF Banat-Crisana Caps Vote Rights Of Banca Transilvania, Other Hldrs
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) has capped to 1% the vote rights of 22 shareholders grouped around lender Banca Transilvania’s (TLV.RO).
Romania To Verify State Companies Data After EU Cites Uncertainties On 2010 Budget Figures
Romania's Finance Ministry will verify the accuracy of the financial figures reported by a series of state-run companies, after the European Union expressed reserve on the quality of the bud...
Romania To Set Up Investment Fund For Profitable SMEs With Cash Problems
Romania's Government will create an investment fund, fed by the National SME Loan Guarantee Fund, the Romanian Counterguarantee Fund and Eximbank, to finance profitable SMEs with temporary c...
Romania's 1Q Budget Revenue +10.2% On Year To RON41.6B
Romanian budget revenues rose 10.2% on the year to 41.6 billion lei (EUR10.2 billion) in the first quarter, mostly fueled by higher income from the sales tax and excise duties, the Finance M...
Leu’s Exchange Rate Firms To New 13-Month High At 4.0735 Vs Euro
Romania’s leu continued to advance against the euro in mid trade Tuesday and the central bank’s reference strengthened 0.2% to 4.0735 units, reaching a fresh 13-month high.
Romania To Set New Euro Adoption Target By End-April - PM
Romania’s Government will decide on a new euro-adoption calendar by end-April, after talks with the president and the central bank, Prime Minister Emil Boc said Tuesday.
3TS Capital To Launch EUR30M Fund Targeting IT&C, Media SMEs
Private equity firm 3TS Capital Partners will launch a EUR30 million fund targeting small- and medium-sized enterprises in companies in technology, media and communications sectors, Investme...