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WORLD BANK

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IFC’s Buying Of Stake In Transport Trade Services Brings To Light The Latter’s Value
Companies

IFC’s Buying Of Stake In Transport Trade Services Brings To Light The Latter’s Value

The private equity investment in Romanian Transport Trade Services (TTS) by International Finance Corporation - the investment division of the World Bank – brings to light the value of the l...

Mirabela Tiron · 12.07.2012 · 00:00 · 1 min
Banks-Insurance

WB: Romania Must Consider Local Problems, Competitiveness When Asking For EU Funds In 2014-2020

Romania needs to consider local problems and its economy's low competitiveness when it applies for funds in the 2014-2020 EU financial period, said Arabela Aprahamian, World Bank country man...

Radu Bostan · 25.06.2012 · 16:00 · 1 min
Banks-Insurance

WB: Romania’s Government Ought To Tackle Challenges Involving Public Administration

The Romanian Government ought to tackle all challenges involving the country's public administration if it wants to achieve success in the medium term, because the delay of long-overdue refo...

Ecaterina Craciun · 15.06.2012 · 13:20 · 1 min
The EUR1B Credit Line From World Bank Is Like Car Insurance – You Have An Accident, You Get The Money
Banks-Insurance

The EUR1B Credit Line From World Bank Is Like Car Insurance – You Have An Accident, You Get The Money

The EUR1-billion credit line for Romania approved on Tuesday by the World Bank (WB) is the first loan of this kind that a European country takes out, and will consolidate the liquidity reser...

Claudia Medrega · 15.06.2012 · 00:00 · 3 min
World Bank Reduces Romania's Economic Growth Forecast To 1.2% In 2012
Macroeconomics

World Bank Reduces Romania's Economic Growth Forecast To 1.2% In 2012

The World Bank has revised downward its forecast on Romanian economic growth to 1.2% in 2012 from 1.5% previously, warning developing countries to "prepare for a long period of volatility in...

Radu Bostan · 12.06.2012 · 20:36 · 1 min
World Bank Approves EUR1B Loan For Romania
Banks-Insurance

World Bank Approves EUR1B Loan For Romania

The World Bank's Board of Executive Directors on Tuesday approved a EUR1 billion precautionary loan for Romania, the Finance Ministry informs.

Radu Bostan · 12.06.2012 · 19:32 · 1 min
World Bank Discusses Romania’s EUR1B Loan On Tuesday
Banks-Insurance

World Bank Discusses Romania’s EUR1B Loan On Tuesday

The World Bank has scheduled for Tuesday the meeting of the Board which will discuss granting the EUR1 billion loan to Romania, Stefan Nanu, Romania’s representative at the international fin...

Claudia Medrega · 11.06.2012 · 00:00 · 2 min
Romania Approves Taking Out EUR1B Loan From World Bank
Banks-Insurance

Romania Approves Taking Out EUR1B Loan From World Bank

The Romanian government approved taking a EUR1 billion precautionary loan from the World Bank to be used in case of emergency, Prime Minister Victor Ponta said Wednesday.

Florentina Dragu · 16.05.2012 · 16:54 · 1 min
Romania Seeks EUR1B Safety Net From World Bank
Macroeconomics

Romania Seeks EUR1B Safety Net From World Bank

Romanian government Wednesday will approve taking a EUR1 billion precautionary loan from the World Bank to be used in case of emergency, Prime Minister Victor Ponta said.

Florentina Dragu · 15.05.2012 · 19:31 · 1 min