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FINANCE MINISTRY

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Finance Ministry Raises RON771M from Banks
Banks-Insurance

Finance Ministry Raises RON771M from Banks

Romania’s Finance Ministry reopened a bond issue due in 2030 and raised RON771 million from banks on Thursday, more than double the scheduled level of RON300 million, at an annual yield of 5...

Loredana Frățilă-Cristescu · 09.12.2021 · 18:11 · 1 min
Romania’s Public Debt Higher By RON57B Since Beginning Of 2021 Up To RON556.4B
Macroeconomics

Romania’s Public Debt Higher By RON57B Since Beginning Of 2021 Up To RON556.4B

Romania’s public debt has increased by RON57 billion since the beginning of 2021 and reached RON556.4 billion, namely, 50.2% of Romania’s gross domestic product (GDP) in the last four quarte...

Ecaterina Craciun · 07.12.2021 · 18:15 · 1 min
Romania Raises RON544M Selling July 2029 Bonds At 5.26% Average Yield
Banks-Insurance

Romania Raises RON544M Selling July 2029 Bonds At 5.26% Average Yield

Romania's finance ministry has reopened a bond issue due in July 2029 and raised RON544.3 million (EUR109.9 million) from banks on Thursday, above the targeted level of RON400 million, at an...

Ecaterina Craciun · 18.11.2021 · 18:42 · 1 min
Finance Ministry Reopens 2028 Bond Issue, Raises RON706M From Banks
Banks-Insurance

Finance Ministry Reopens 2028 Bond Issue, Raises RON706M From Banks

Romania’s Finance Ministry has reopened a bond issue due in 2028 and raised RON706 million from banks on Monday, RON406 million more that it set out to, at a yearly yield of 3.65%.

Loredana Frățilă-Cristescu · 20.09.2021 · 16:27 · 1 min
Finance Ministry Raises RON662M from Bond Issue on Monday
Banks-Insurance

Finance Ministry Raises RON662M from Bond Issue on Monday

Finance Ministry reopened a bond issue due in 2029 and borrowed RON662.6 million from banks on Monday, double as much as it had set out to, an at annual yield of 3.63%.

Loredana Frățilă-Cristescu · 16.08.2021 · 19:07 · 1 min
Finance Ministry Raises RON305M Via Bonds Due in 2024 at 2.92% Yield
Banks-Insurance

Finance Ministry Raises RON305M Via Bonds Due in 2024 at 2.92% Yield

The Finance Ministry on Thursday reopened a bond issue due in November 2024 and borrowed RON305 million from banks, RON5 million more than scheduled, at an annual yield of 2.92%.

Loredana Frățilă-Cristescu · 12.08.2021 · 16:04 · 1 min
Fiscal Council On 2020 Budget: Deficit Seen At 4.6-4.8% Of GDP, 1% Higher Than Finance Ministry’s Target
Macroeconomics

Fiscal Council On 2020 Budget: Deficit Seen At 4.6-4.8% Of GDP, 1% Higher Than Finance Ministry’s Target

Romania's Fiscal Council said Thursday in its stance on the state budget law and social security budget law for 2020 that the budget deficit is expected to reach 4.6-4.8% of gross domestic p...

Ecaterina Craciun · 23.01.2020 · 13:57 · 1 min
Finance Minister Plans To Cut Salaries Of CEC Bank And EximBank CEOs
Banks-Insurance

Finance Minister Plans To Cut Salaries Of CEC Bank And EximBank CEOs

Finance Minister Florin Citu said Tuesday he plans to cut the salaries of the heads of state-run lenders CEC Bank and EximBank, to nearly EUR5,800 (RON28,000) per month, from over EUR15,000...

Ecaterina Craciun · 14.01.2020 · 19:36 · 1 min
Finance Minister To Propose Tax Agency Digitalization As Objective of National Importance
Social/Politics

Finance Minister To Propose Tax Agency Digitalization As Objective of National Importance

Romanian Finance Minister Florin Citu announced on Friday that we will file the necessary paperwork to propose the digitalization of national tax agency ANAF as an objective of national impo...

Ecaterina Craciun · 03.01.2020 · 18:33 · 1 min