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GEORGESCU

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Romanian FinMin: Leu Weakens On Eurozone Turmoil, Not Political Unrest
Banks-Insurance

Romanian FinMin: Leu Weakens On Eurozone Turmoil, Not Political Unrest

The Romanian leu’s depreciation against the euro is influenced by external factors rather than the political tensions at home, Finance Minister Florin Georgescu said Wednesday, adding that t...

Florentina Dragu · 04.07.2012 · 17:14 · 1 min
Radu Georgescu: The Stock Market Will Take Avangate To $1B
Capital Market

Radu Georgescu: The Stock Market Will Take Avangate To $1B

The latest bet of Romanian entrepreneur Radu Georgescu has several knowns and one unknown. One of the knowns is $1 billion - this should be the value of his company, Avangate, which will be...

Radu Bostan · 14.06.2012 · 00:00 · 2 min
Georgescu: No Way The Leu Will Trade At 5 Units Vs Euro In 2012
Banks-Insurance

Georgescu: No Way The Leu Will Trade At 5 Units Vs Euro In 2012

Romanian Finance Minister Florin Georgescu Wednesday said the national currency will “in no way” fall to 5 units against the euro in 2012, despite its recent depreciation.

Florentina Dragu · 06.06.2012 · 16:56 · 1 min
Georgescu: Banking System Is Solid, No Need For Bridge Bank
Banks-Insurance

Georgescu: Banking System Is Solid, No Need For Bridge Bank

Romania has a solid, well-capitalized banking system and it is unlikely that the central bank will have to use its recently introduced bridge bank any time soon, despite the deteriorating si...

Razvan Chirita · 16.05.2012 · 12:54 · 1 min
Some Ministries Might Be Allowed To Unfreeze Hiring, Cap To Be Observed – Deputy PM
Social/Politics

Some Ministries Might Be Allowed To Unfreeze Hiring, Cap To Be Observed – Deputy PM

Some Romanian ministries and public institutions might be allowed to hire more staff than agreed with financial institutions, while the rule whereby only one in seven vacant positions may be...

Ioana Tudor · 16.05.2012 · 12:10 · 1 min
Social/Politics

Budget, Treasury And Fiscal Authorities Keep Their Heads

Gheorghe Gherghina, also known as the “father of the budget”, Serban Pop, recently appointed at the helm of the fiscal authorities, and Cristian Sporis, the banker turned secretary of state...

Radu Bostan · 09.05.2012 · 00:00 · 1 min
Ponta Cabinet Eyes Introducing Simplified VAT Scheme For Small Businesses
Banks-Insurance

Ponta Cabinet Eyes Introducing Simplified VAT Scheme For Small Businesses

Romania’s Finance Minister-designate Florin Georgescu on Monday said the new Cabinet plans to introduce a simplified value added tax scheme for small businesses while a decision regarding a...

Ecaterina Craciun · 07.05.2012 · 17:11 · 1 min
Parliament Committees Endorse Florin Georgescu For Finance Minister
Social/Politics

Parliament Committees Endorse Florin Georgescu For Finance Minister

Romania's joint Parliament committees on Monday endorsed Florin Georgescu for the office of Minister of Finance and deputy prime minister, with 28 votes for and six against.

Radu Bostan · 07.05.2012 · 13:52 · 1 min
Andrei Georgescu Appointed Romanian Health Ministry Deputy State Secretary
Social/Politics

Andrei Georgescu Appointed Romanian Health Ministry Deputy State Secretary

Andrei Georgescu, head of the emergency room of the University Emergency Hospital in Bucharest, told MEDIAFAX Wednesday he accepted his appointment as Health Ministry deputy secretary of sta...

Ioana Tudor · 11.01.2012 · 14:32 · 1 min