CEILING
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First Home Program Gets Additional Funding Of RON500M In 2016
The guarantee ceiling for this year’s government-guaranteed mortgage lending First Home program was supplemented by RON500 million, according to a decision adopted Wednesday by the government, as proposed by the Finance Ministry.
Romania Sets 2015 Guarantee Ceiling For Beneficiaries Of EU-Funded Projects At RON100M
The guarantee ceiling for the beneficiaries of projects financed from European Union funds was set at RON100 million for 2015, Romania’s Finance Minister Darius Valcov said Wednesday at the...
CEC Bank Ups First Home Guarantee Ceiling By EUR11.5M
Romanian state-owned lender CEC Bank increased by EUR11.5 million the guarantee ceiling for the state supported “First Home” program this year, after the bank exhausted the amount initially...
EU Council Allows Romania To Increase VAT Ceiling To EUR50,000 From EUR35,000
The Council of the European Union has allowed Romania to increase to EUR50,000, from the current EUR35,000, the annual turnover or revenue ceilings above which Romanian companies have to pay...
Court To Rule On SIF Stake Cap Constitutionality
The Constitutional Court will decide on June 2 the constitutionality of the 1% ceiling applied to stakes in the five regional investment funds, or SIFs.