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Government Might Change VAT Payment Rules By Yearend
Romania’s Government might implement by January 1, 2013 at the latest a new value added tax payment system allowing companies with turnovers of up to EUR500,000 to pay VAT upon cashing in in...
IMF Worried About Impact Of Political Situation On Romania's Economy
Erik de Vrijer, head of the IMF mission to Romania, said Tuesday in the meeting with acting president Crin Antonescu that the Fund is worried about the impact of the current political situat...
BNR Reports Profit On Currency After Installment Repayment To IMF
Romanian central bank governor Mugur Isarescu Monday said the bank has made profit on currency movements after repaying the first tranche of the country’s EUR12.95 billion loan agreement wit...
Central Bank Makes First Principal Payment On Romania’s IMF Loan As Leu Hits New Low
Romania’s central bank (BNR) on Monday makes its first principal payment on Romania’s EUR12 billion loan from the IMF, amounting to around EUR670 million from its forex reserve.
Romania, IMF Should Take Agreement To The Next Level - Official
Romania could use the International Monetary Fund’s flexible credit line facility for its planned new financial agreement with the institution, just as Poland did when it decided to secure p...
Romania Wants New Precautionary Agreement With IMF In Bid To Calm Markets
The announcement by Finance Minister Florin Georgescu on Wednesday that Romania will seek another two-year precautionary agreement with the IMF is a clear attempt to calm suspicions of forei...
Georgescu: Romania Eyes New IMF Deal For 2013-2015
Romania’s government plans to sign a new precautionary loan agreement with the International Monetary Fund for the 2013-2015 period once the existing one ends in April next year, Finance Min...
Change Of Direction In BNR’s Policy?
BNR is keeping interests low and lets the leu constantly depreciate, as recommended by the International Monetary Fund.
IMF Team To Visit Romania July 31 - August 13
A delegation of the International Monetary Fund will visit Romania between July 31 and August 13 for the sixth review of a EUR3.6 billion precautionary agreement signed last spring.