PONTA
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Romania To Tap US Debt Market For Up To $1.5B
Romania’s Finance Ministry will tap the US debt market in a bid to raise between $500 million and $1.5 billion.
Romania Wants Swift Agreement On Rompetrol Debt
The Romanian authorities and oil group Rompetrol continue negotiations over the latter’s outstanding debt to the state with a view to settle the matter before the parties make a new appearan...
Romanian PM, EC President To Meet In Brussels For Talks Next Week – EC Official
European Commission President Jose Manuel Barroso and Romanian Prime Minister Victor Ponta will meet in Brussels next week for talks on several issues including the CE’s report on the countr...
Romania Might Lower VAT On Bread To 9% Starting July 1
Romania might apply starting July 1 a pilot-project to cut VAT on bread from 24% to 9% if budget revenues increase so as to be able to cover a 200 million lei (EUR45.6 million) deficit the m...
Romanian Roads Authority Head Resigns
Mircea Pop has resigned from the position of general manager of Romania’s national roads authority CNADNR, Prime Minister Victor Ponta said Monday.
IMF OKs In Principle Extension Of Romania EUR3.6B Loan Program
The International Monetary Fund has agreed in principle to a two-month extension of Romania’s EUR3.6 billion precautionary loan agreement due for completion in late April, Romanian Prime Min...
Romania Asks IMF For Extension Of Loan Arrangement
Romanian authorities asked the International Monetary Fund for an extension of the country’s EUR3.6 billion loan arrangement that will expire in April, to get more time to fulfill its commit...
Ponta Proposes To Hold 2014 Presidential, EP Elections Simultaneously
Romanian Prime Minister Victor Ponta said he talked to President Traian Basescu about moving the country’s 2014 presidential election up to May or June, at the same time as elections for the...
Romania Seeks 3-5 Months IMF Waiver On Structural Reforms
Romanian Prime Minister Victor Ponta Monday said his country has fulfilled all fiscal terms under a EUR3.6 billion loan agreement with the International Monetary Fund due for completion this...