CITU
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Romanian PM Dismisses Finance Minister
Romanian prime minister Florin Citu said Thursday he has dismissed finance minister Alexandru Nazare from office citing delays in major projects, and proposed to take on the role of acting finance minister himself.
Romania's GDP Growth Seen At 4.3%, Investments At Up To RON61B In 2021, PM Says
Prime Minister Florin Citu said Wednesday that Romania’s economic growth is estimated at 4.3% and investments are expected to grow up to RON61 billion, per the 2021 state budget draft put up...
Fin Min: Government Must Inject Liquidity into the Economy
Romania's government must inject liquidity into the economy and transfer resources from sectors doing well into sectors that will be hit harder by the coronavirus pandemic, finance minister...
PM-Designate: Romania Has the Tools to Handle Economy Amid Coronavirus Crisis
Romania has the resources and fiscal and monetary tools to respond to potential shocks stemming from the coronavirus epidemic and to alleviate its potential negative effects, prime minister...
EC Proposes Opening Excessive Deficit Procedure for Romania
The European Commission has proposed to the Council to open an excessive deficit procedure for Romania and adopted a recommendation to the Council setting out the adjustment requirements, th...
Economist: Central Bank To Cut Reserve Requirements In Its First Meeting In 2014
The Romanian central bank (BNR) will lower the minimum reserve requirements for leu-denominated liabilities and for foreign currency liabilities in its very first meeting in 2014, said macro...