DEBT
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Nokia Working With Authorities In Tax Debt Issue
Officials with Nokia Romania said Friday they are working with authorities to analyze the situation and reach a satisfying outcome after the tax authority impounded its assets over a $10 mil...
Romanian Customs Chief Says Nokia Breached Legislation Demanding Tax Exemptions
Finnish mobile giant Nokia breached legislation by requiring tax exemptions for imports of electronic parts although the products were already assembled and came from outside the EU from cou...
Romanian Tax Authority Impounds Nokia’s Romanian Assets For $10M Debt
Romania’s tax authority ANAF impounded Nokia’s assets in Jucu, northwestern Romania, for a $10 million debt the Finnish mobile giant has amassed in unpaid custom taxes, ANAF chief Sorin Blej...
GfK: More Than Half Of Romanians Have Trouble Paying Bills, A Quarter Are In Debt
More than half of Romanians (56%) say they barely manage to cover their current expenses and almost a quarter (24%) say they are in debt, according to a study by GfK Romania, which points ou...
Isarescu: Romanians Don’t Take Their Debt Seriously
Romanians should be aware that they are responsible for some of the country’s foreign debt of EUR90 billion, central bank governor Mugur Isarescu said Wednesday.
Senate To Analyze Notice On German Historic Debt To Romania
The Romanian Senate's leadership on Monday took note of a letter reporting the existence of a German historic debt to Romania and a special committee will be set up to analyze the issue, sai...
Government May Write Off Heating Supplier RADET’s Penalties For Debts To Elcen
The Romanian Government agreed to write off heating supplier RADET’s penalties for debts to power producer Elcen, provided the Bucharest city hall pays off the debt and current bills, deputy...
Romanian Govt Gives RON315M To Local Authorities To Pay Off Heating Bills
Romania’s Government has assigned an extra 315 million lei (EUR73 million) to local authorities in 36 localities to help them pay off debts to heat suppliers, the Governments aid in a press...
Bank Debtor Profile: Bucharest Male, 30-34, Holder Of A Leu Loan
A typical debtor to a bank is male, aged 30 to 34 years, lives in Bucharest and holds a loan in lei, according to data from the Credit Bureau, the institution that collections information on...