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Romanian Government To Approve Memorandum With Rompetrol
Energy

Romanian Government To Approve Memorandum With Rompetrol

Romanian Prime Minister Victor Ponta asked minister delegate for Energy, Constantin Nita, to prepare a draft with the Justice Ministry representatives, so that the Government would approve t...

Gabriela Stan · 07.01.2014 · 14:40 · 1 min
Ponta: Budget Deficit at 2.5% Of GDP, Economic Growth Higher Than Estimated In 2013
Macroeconomics

Ponta: Budget Deficit at 2.5% Of GDP, Economic Growth Higher Than Estimated In 2013

Romania posted a budget deficit of 2.5% of the gross domestic product in 2013, while the economic growth was slightly higher than estimated, Prime Minister Victor Ponta said Monday evening.

Bogdan Neagu · 07.01.2014 · 10:59 · 1 min
Romania To Regulate Potential Budget Gap Due To Tax Delay In July - PM
Banks-Insurance

Romania To Regulate Potential Budget Gap Due To Tax Delay In July - PM

The Romanian government will assess the impact of delaying a higher excise on fuel after the first quarter but a potential gap in budget revenues would only be corrected in the second half o...

Oana Gavrila · 23.12.2013 · 16:31 · 1 min
Romania Puts Off Raising Fuel Excises For 3 Months; Basescu Agrees With 2014 Budget
Social/Politics

Romania Puts Off Raising Fuel Excises For 3 Months; Basescu Agrees With 2014 Budget

Romanian Prime Minister Victor Ponta Wednesday said the planned increase in fuel excises by EUR0.07/liter, starting January 1, 2014, will be delayed for three months, until March 31, 2014.

Ecaterina Craciun · 18.12.2013 · 17:48 · 1 min
Romania’s Central Bank Governor Wants No Involvement In President-PM Battle
Social/Politics

Romania’s Central Bank Governor Wants No Involvement In President-PM Battle

Central bank governor Mugur Isarescu did not bring about the meeting last Tuesday between Romanian President Traian Basescu and Prime Minister Victor Ponta on the state budget and on the let...

Daniela Stoican · 09.12.2013 · 00:21 · 1 min
Basescu To Propose Alternatives To Raising Excises On Fuels
Macroeconomics

Basescu To Propose Alternatives To Raising Excises On Fuels

Romanian President Traian Basescu plans to send back to parliament the 2014 state budget bill and will propose clear alternatives to raising excise duties on fuels, so the country will be ab...

Ioana Tudor · 03.12.2013 · 19:42 · 1 min
PM: Basescu Won’t Sign IMF Memorandum
Macroeconomics

PM: Basescu Won’t Sign IMF Memorandum

Romania’s President Traian Basescu reconfirmed that he will not sign the country’s latest memorandum of understanding with the International Monetary Fund, Prime Minister Victor said Tuesday...

Ioana Tudor · 03.12.2013 · 18:37 · 1 min
Romanian President, PM To Discuss IMF Memorandum Later Tuesday
Macroeconomics

Romanian President, PM To Discuss IMF Memorandum Later Tuesday

Romanian President Traian Basescu will meet a delegation headed by Prime Minister Victor Ponta later Tuesday to settle a dispute regarding the country’s latest memorandum of understanding wi...

Florentina Dragu · 03.12.2013 · 15:34 · 1 min
Ponta: Romania Considers Dual Listing For Hidroelectrica, Electrica After Success Of Romgaz IPO
Capital Market

Ponta: Romania Considers Dual Listing For Hidroelectrica, Electrica After Success Of Romgaz IPO

Romani could list energy companies Hidroelectrica and Electrica both in Bucharest and London next year, following a similar public offering for Romgaz’s shares, Prime Minister Victor Ponta s...

Bogdan Neagu · 12.11.2013 · 14:51 · 1 min