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Trading On Bucharest Bourse, Most Expensive In The Region
Capital Market

Trading On Bucharest Bourse, Most Expensive In The Region

Romania’s bourse has some of the highest trading fees in the region because of the high levies applied by the Financial Supervision Authority (ASF) and the Bucharest Stock Exchange (BVB).

Bogdan Neagu · 13.02.2014 · 22:00 · 3 min
Government Puts Off Adoption Of Bill Capping Cash Transactions And Cutting Inter-Bank Fees
Banks-Insurance

Government Puts Off Adoption Of Bill Capping Cash Transactions And Cutting Inter-Bank Fees

The Romanian Government has decided to put off adopting a bill capping cash transactions for both companies and population and reducing inter-bank fees for card payments in order to allow mo...

Ecaterina Craciun · 12.02.2014 · 18:27 · 1 min
ASF To Take Steps For “Friendly” Fees On Capital Market
Capital Market

ASF To Take Steps For “Friendly” Fees On Capital Market

The Romanian Financial Supervisory Authority (ASF) will take steps for making the capital market fees "friendly", ASF first vice-president Daniel Daianu stated Wednesday.

Gabriela Stan · 12.02.2014 · 14:30 · 1 min
Romanian Authorities Should Consider Interchange Fee Cut Outcome – Visa
Banks-Insurance

Romanian Authorities Should Consider Interchange Fee Cut Outcome – Visa

Romanian authorities should consider all consequences of a “drastic and sudden” cut in the interchange fees for card payments, to avoid the negative impact on the investments in payment tech...

Gabriela Stan · 31.01.2014 · 13:34 · 2 min
MasterCard: Inter-Bank Fee Cut Might Increase Costs For Card Users
Banks-Insurance

MasterCard: Inter-Bank Fee Cut Might Increase Costs For Card Users

The cut in the inter-bank fees for card transactions might trigger higher costs for card users and lower investments in the development of payment infrastructure, MasterCard representatives...

Gabriela Stan · 29.01.2014 · 17:09 · 2 min
Government To Limit Inter-Bank Fees For Card Payments
Banks-Insurance

Government To Limit Inter-Bank Fees For Card Payments

Romanian government will restrict inter-bank fees that the card issuer charges from the bank whose terminals are used for payments to retailers, to 0.2% for debit cards and 0.3% for credit c...

Gabriela Stan · 28.01.2014 · 15:57 · 2 min
ASF Rejects Proprietatea Fund's Decision To Grant Extra Fees To Franklin Templeton
Capital Market

ASF Rejects Proprietatea Fund's Decision To Grant Extra Fees To Franklin Templeton

Romania’s Financial Supervisory Authority, or ASF, has rejected a decision of shareholders of local investment fund Fondul Proprietatea (FP.RO) as regards granting additional fees to the fun...

Ecaterina Craciun · 15.08.2013 · 15:28 · 1 min
Social/Politics

Romania Hikes Danube Bridge-Crossing Fees By Over 10%

Romania will increase by over 10% the fees for crossing Danube on the bridges at Giurgeni - Vadul Oii and Fetesti – Cernavoda, the hike being scheduled in two stages and with various facilit...

Manuela Panescu · 13.11.2012 · 18:50 · 1 min
Taxpayers In Romania Must No Longer Pay Fees On Online Payments
Banks-Insurance

Taxpayers In Romania Must No Longer Pay Fees On Online Payments

Taxpayers in Romania will no longer be charged fees when they pay their taxes on the Internet, as the fees will be paid by local authorities, as per a draft act drawn up by the Ministry of C...

Ecaterina Craciun · 29.10.2012 · 12:28 · 1 min