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STATE BUDGET

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Banks-Insurance

Romania To Secure Credit Lines Everywhere In Case Eurozone Derails – President

Romania is securing credit lines at the World Bank, the European Union, and “wherever” to have a fallback in case things take a turn for the worst in the eurozone, President Traian Basescu t...

Oana Gavrila · 29.01.2012 · 21:32 · 2 min
Government To Approve State Budget Friday, Says Finance Minister
Social/Politics

Government To Approve State Budget Friday, Says Finance Minister

Romania’s Government will likely approve the 2012 state budget and social security budget on Friday and forward the bills to Parliament for adoption, Finance Minister Gheorghe Ialomitianu sa...

Oana Gavrila · 21.11.2011 · 13:16 · 1 min
Romania Could Slip Back Into Recession Anytime, PM Says
Macroeconomics

Romania Could Slip Back Into Recession Anytime, PM Says

Romania could slip back into recession anytime next year, Prime Minister Emil Boc said Tuesday, adding the Government needs to continue its restructuring measures and prioritize investments.

Oana Gavrila · 18.10.2011 · 11:55 · 1 min
Government Delays Budget Again, Freezing Business People’s Plans
Banks-Insurance

Government Delays Budget Again, Freezing Business People’s Plans

The state budget, the most important act of a fiscal year, has not been completed within the legally allotted deadline, October 15, and will reach the Parliament late, again. As a result of...

Oana Gavrila · 17.10.2011 · 00:00 · 1 min
Banks-Insurance

EximBank 3-Year Dividends To Be Paid To State Budget

Romania's Government has decided to transfer the state's stock in EximBank from under the management of the State Privatization Authority (AVAS) to that of the Ministry of Finance and the ea...

Radu Bostan · 01.10.2011 · 14:37 · 1 min
Romania To Fund EU Projects, Recover EU Money After Check-Ups - PM
Social/Politics

Romania To Fund EU Projects, Recover EU Money After Check-Ups - PM

Romania will finance EU projects from the state budget and the Government will send the bills to the European Commission to recover the EU funds only after double-checking all the documents,...

Oana Gavrila · 21.07.2011 · 15:31 · 1 min