finance
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Romanian Tourism, Finance Ministries In Talks To Lower VAT To 9% For Tourist Services
Romania’s Regional Development and Tourism Ministry is in talks with the Finance Ministry to lower value added tax for tourism services to 9%, Tourism Minister Elena Udrea said Tuesday.
Finance Ministry Extends Selection Deadline For USD Bond Issue Consultant
The Finance Ministry extended until September 20 the deadline for the selection of a legal adviser for the issue of US dollar notes on international markets.
Romania’s July Budget Gap Stays At RON11.4B, 2.09% Of The GDP
Romania’s consolidated budget posted a deficit of 11.4 billion lei (EUR2.68 billion) in July, equal to 2.09% of the gross domestic product, roughly the same as in June, Finance Ministry data...
Finance Ministry Refinances Only EUR600M Of Its EUR2.5B Maturing Debt
The Finance Ministry plans to sell EUR600 million at a four-year foreign currency bonds auction Wednesday, a few days before it has to repay a bond issue worth EUR1.21 billion and a EUR1.26...
Finance Ministry May Leave EUR1.26B In Banks To Push For Lending Uprise
The Finance Ministry does not plan to refinance the club loan worth EUR1.26 billion due at the end of next week, but may consider a rollover of the EUR1.21 billion bond issue also maturing t...
Udrea: Mayors Must Start EU-Funded Project Within Six Months Or Will Lose Money
Romanian local authorities that fail to start projects financed through the Regional Operational Program within six months from signing contracts with the Regional Development Ministry will...
Public Servants Won RON530M In Back Pay Through Rulings In 2011
Romanian public sector employees won salary rights in the amount of 530 million lei (EUR128 million) through court decisions in the first four months of 2011, which will be paid by the gover...
Romania Cannot Reduce Social Security Contributions In 2011 - President
Romanian President Traian Basescu said Saturday that, in his opinion, it is impossible to reduce social security contribution rates in 2011.