AGREEMENT
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World Bank To Provide Technical Assistance To Romania Financial Supervisory Authority
The World Bank will provide technical assistance to Romania’s Financial Supervisory Authority (ASF), based on a memorandum signed Tuesday.
Government Is Working On A System Of Differentiated Royalties, Applicable To New Agreements - PM
Romanian Prime Minister Victor Ponta Wednesday stated that the government is working with the World Bank experts on a system of differentiated royalties for onshore and offshore exploitation...
Hidrolectrica Employees To Get Lower Wages
Romanian state-run hydropower generator Hidroelectrica Friday concluded a “historic agreement’ with the unionists through which it gained EUR23 million following a cut in certain bonuses and...
Rosia Montana Gold Exploitation Set To Start In November 2016-Draft
Canada’s Gabriel Resources will start exploiting gold reserves in Rosia Montana, western Romania, in November 2016, as the area’s urban plan should be approved by the end of this year, and R...
Orange, Vodafone Romania Sign Network Sharing Agreement
Telecom operators Orange Romania and Vodafone Romania have concluded a network sharing agreement which will allow them to continue investments in technology upgrades with national coverage,...
Lagarde: No Agreement Between Romania And IMF Would Be A Pity
Romania’s fiscal situation benefitted from the agreement with the International Monetary Fund and it would be a pity if the Eastern European country chose not to continue the partnership to...
Lagarde: IMF’s New Deal With Romania To Include State Companies’ Reforms
Romania has made considerable progress in reforming its fiscal system, the healthcare sector and the energy industry, but it still needs some measures to restructure the state companies that...
Bank Analysts Say Romania Needs New Agreement With IMF As Guarantee For Reforms
Bank analysts say Romania needs a new loan with the International Monetary Fund after the Executive Board of the financial institution completed the last two reviews of Romania’s stand-by lo...
Ponta Says All IMF Criteria Met, Expects Program To End Successfully
Romanian Prime Minister Victor Ponta Wednesday said the government has resolved all remaining issues under a EUR3.6 billion loan agreement with the International Monetary Fund and the progra...