TEODOROVICI
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Romanian Government Set To Revise Budget in August
Romania's government will likely approve this year's fist state budget revision in August, pending approvals from the country's defense body and other institutions, finance minister Eugen Teodorovici said Thursday.
Government Lowers Capital Hike Requirements for Private Pension Fund Admins
Romania's government has lowered share capital hike requirements for mandatory private pension funds (Pillar II) introduced through a controversial tax decree in December 2018.
Government Replaces ROBOR with New Reference Index for State-Sponsored Lending Programs
Romania's government on Thursday adopted a draft decree replacing the reference index used to calculate variable interests on state-sponsored lending programs, finance minister Eugen Teodoro...
Government May Amend Bank Tax Next Week
Romania's government may amend the bank tax in its meeting next week, finance minister Eugen Teodorovici said after a meeting with representatives of the Romanian Banking Association.
Romania's Finance Ministry Amends Bank Tax This Week
Romania's finance ministry will finish this week a draft of changes to the emergency decree 114/2018 that introduced a tax on bank assets and raised capital requirements for mandatory privat...
Finance Minister Teodorovici Sees 5.5% GDP Growth in 2019. Too Optimistic, Analysts Say
Finance Ministry is delaying publication of the 2019 budget bills, which should have already been debated by the Parliament. On Tuesday night, Finance Minister Eugen Teodorovici provided a f...
Romanian Govt To Draft 2019 Budget on 5.5% GDP Growth
Romania's draft state budget for 2019 will be based on a gross domestic product of RON1,022 billion, a projected economic growth of 5.5% and a deficit below 3% of GDP, finance minister Eugen...
Finance Minister Criticizes Delay Of Budget Revision
Romania’s Finance Minister Eugen Teodorovici said on Tuesday that the delay in passing the budget revision proposed by the government will have negative consequence for salaries, investments...
Romanian Finance Ministry Shelves Bill Capping Gas Prices From Domestic Output
Romania’s Finance Minister Eugen Teodorovici announced on Friday that a draft bill capping the price of gas from domestic output has been pulled from the ministry’s website, adding the subje...