WORLD BANK
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World Bank President: Romania Has Highest Poverty Levels In EU
Despite good progress, Romania remains the country with the highest poverty levels in the European Union, and more than 30% of the population lives on less than $5 per day, said World Bank P...
World Bank Group President Jim Yong Kim To Visit Romania
World Bank Group President Jim Yong Kim will visit Romania on May 9 and 10, his first visit to the country since becoming president in July 2012, the institution said in a press release Wedn...
World Bank Approves EUR70M Project For Romania’s Tax Authority Modernization
The World Bank has approved a EUR70 million modernization project for Romania’s tax authority ANAF, the institution said in a statement.
World Bank Names New Country Director For Central Europe, Baltic Countries
The World Bank has appointed of Mamta Murthi, as Country Director for Central Europe and the Baltic Countries in the bank’s Europe and Central Asia region, effective as of February 1, 2013,...
World Bank Makes Available EUR1B Line Of Credit To Romania
The World Bank last week has made EUR1 billion in credit available to Romania as per an agreement signed in the summer of 2012, said Francois Rantrua, World Bank country manager for Romania...
World Bank Cuts Romania's Economic Growth Forecast To 1.6% In 2013
The World Bank has revised downward its forecast on Romanian economic growth to 1.6% in 2013 from its previous estimate of 2.8%.
Romania Keeps 72nd Spot In World Bank’s Doing Business 2013 Report
Romania has kept its 72nd position among 185 countries in the World Bank’s Doing Business 2013 report, after falling seven places in last year’s report.
Power Connection In Romania May Take Up To 223 Days, Only 130 Days In Bulgaria
In Romania, in order to connect to the electricity distribution system, an entrepreneur with a warehouse located in Bucharest has to wait 223 days, according to the World Bank's survey on ho...
Mihailescu, TTS: In 3-4 Years We Will List The Company On The Stock Exchange
Mircea Mihailescu, majority shareholder of Transport Trade Services (TTS), in which the investment division of the World Bank recently became a shareholder through a EUR12 million investment...