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FINANCE MINISTRY

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Finance Minister Says Ford Not Meeting Its End Of The Bargain To Get State Aid
Automotive

Finance Minister Says Ford Not Meeting Its End Of The Bargain To Get State Aid

Ford Romania, the second-largest car manufacturer present in Romania, which owns the Craiova plant, will receive the state aid that the Romanian government has committed to only when the Ame...

Oana Gavrila · 28.12.2011 · 10:56 · 1 min
Romania Plans 15-Year Bond On Local Market, Roadshows On Foreign Markets
Banks-Insurance

Romania Plans 15-Year Bond On Local Market, Roadshows On Foreign Markets

Romania’s Finance Ministry negotiates issuing 15-year bonds on the domestic market, while planning two road-shows for foreign investors next year, state secretary Bogdan Dragoi said Tuesday.

Bogdan Neagu · 27.12.2011 · 17:59 · 1 min
Banks-Insurance

Romania Plans To Sell Up To RON16B Treasuries In 1Q 2011

Romania’s Finance Ministry plans to sell state paper worth between 14 billion lei (EUR3.2 billion) and RON16 billion in the first quarter of 2012, according to an announcement posted Tuesday...

Bogdan Neagu · 27.12.2011 · 15:18 · 1 min
Romania's Budget Deficit Widens To 3% Of GDP In November
Macroeconomics

Romania's Budget Deficit Widens To 3% Of GDP In November

Romania’s consolidated budget posted a deficit of 16.9 billion lei (EUR3.9 billion) after the first 11 months, equivalent to almost 3% of the gross domestic product, a Finance Ministry offic...

Bogdan Neagu · 27.12.2011 · 14:56 · 1 min
Banks-Insurance

Romania Sells RON405M 10-Year Bonds At 7.25% Average Yield

Romania’s Finance Ministry on Thursday sold 405 million lei (EUR94.16 million) in 10-year treasury bonds, above the planned amount, while the average yield fell to 7.25% a year.

Florentina Dragu · 22.12.2011 · 16:23 · 1 min
Finance Ministry To Auction Off Carbon Credits
Energy

Finance Ministry To Auction Off Carbon Credits

Romanian government Wednesday authorized the Finance Ministry to sell at auction its carbon credits granted by the Kyoto committee, the executive said in a statement.

Florentina Dragu · 21.12.2011 · 21:19 · 1 min
Capital Market

Romania Sells RON1.7B 1-Year T-Bills At 6.55% Average Yield

Romania’s Finance Ministry on Monday sold 1.71 billion lei (EUR397 million) in one-year treasury bills, above the planned amount, at an average yield of 6.55% a year, lower than at the previ...

Florentina Dragu · 19.12.2011 · 15:37 · 1 min
Finance Ministry Wants To Extend Maturities Of Government Securities
Macroeconomics

Finance Ministry Wants To Extend Maturities Of Government Securities

The Finance Ministry will expand maturities of government securities, according to the requests of institutional investors and can even launch “specific instruments,” according to investor r...

Oana Gavrila · 19.12.2011 · 07:45 · 1 min
Banks-Insurance

Romania Sells RON1.42B 11-Month T-Bills At 6.6% Average Yield

Romania’s Finance Ministry on Monday sold 1.42 billion lei (EUR327 million) in 11-month treasury bills, above the planned amount, at an average yield of 6.6% a year.

Florentina Dragu · 12.12.2011 · 16:12 · 1 min