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Romania To Stick To IMF/EU Agreement Until November Elections - Analysts
Banks-Insurance

Romania To Stick To IMF/EU Agreement Until November Elections - Analysts

Romania’s fiscal and economic program agreed with the International Monetary Fund and the European Commission is unlikely to be affected by the government’s resignation and will remain on tr...

Florentina Dragu · 06.02.2012 · 17:36 · 1 min
Romanian Business Community Unfazed By Government Resignation
Analysis

Romanian Business Community Unfazed By Government Resignation

The Boc Government has taken good measures as well, but many of them came too late and were not well enough communicated, and the resignation will defuse the social and political tension, ac...

Andrei Cîrchelan · 06.02.2012 · 16:35 · 5 min
Eurostat: Romania Government Debt Down To 33.3% Of GDP In 3Q/2011
Macroeconomics

Eurostat: Romania Government Debt Down To 33.3% Of GDP In 3Q/2011

Romania’s government debt relative to the gross domestic product fell to 33.3% at the end of the third quarter in 2011, from 34.3% of GDP a quarter earlier, official data showed Monday.

Florentina Dragu · 06.02.2012 · 16:21 · 1 min
Romanian Justice Minister Catalin Predoiu Appointed Acting Prime Minister
Social/Politics

Romanian Justice Minister Catalin Predoiu Appointed Acting Prime Minister

Romanian President Traian Basescu on Monday appointed independent justice minister Catalin Predoiu to the position of acting prime minister, following the resignation of Emil Boc earlier in...

Oana Gavrila · 06.02.2012 · 12:33 · 1 min
Capital Market

Financial Markets In Romania Fall After Government Resignation

The Romanian leu weakened against the euro in mid-session Monday, while the stock exchange’s main index was falling 2.5%, following Prime Minister Emil Boc’s announcement of the government's...

Andrei Cîrchelan · 06.02.2012 · 12:26 · 1 min
Prime Minister Steps Down Amid Social, Political Unrest
Social/Politics

Prime Minister Steps Down Amid Social, Political Unrest

Prime Minister Emil Boc on Monday announced he is stepping down, after weeks of political turmoil and social unrest.

Oana Gavrila · 06.02.2012 · 10:50 · 2 min
Romanian Prime Minister Considering Resignation
Social/Politics

Romanian Prime Minister Considering Resignation

Romanian Prime Minister Emil Boc on Monday told leaders of the ruling coalition he is considering resignation, people close to the matter told MEDIAFAX.

Oana Gavrila · 06.02.2012 · 10:13 · 1 min
INS: Romania Average Net Wage Up To RON1,604 In December
Macroeconomics

INS: Romania Average Net Wage Up To RON1,604 In December

The average net salary rose 7.6% to 1,604 lei (EUR369) in December, from RON1,491 a month earlier, the statistics institute INS said Monday.

Andrei Cîrchelan · 06.02.2012 · 10:10 · 1 min
Romanian Central Bank Has A Program To Encourage Lending In Lei
Banks-Insurance

Romanian Central Bank Has A Program To Encourage Lending In Lei

The three consecutive cuts of the key monetary policy rate from 6.25% to 5.5% made by the central bank since November last year and the constant liquidity boosts through repurchase agreement...

Radu Bostan · 06.02.2012 · 00:00 · 1 min