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American Investors Eager To Buy Romanian Bonds - Treasury Head
Macroeconomics

American Investors Eager To Buy Romanian Bonds - Treasury Head

American investors are eager to buy Romanian treasuries once the Finance Ministry upgrades its medium term notes (MTN) program to include US dollar-denominated bonds, Tuesday said Bogdan Dra...

Florentina Dragu · 04.10.2011 · 15:31 · 1 min
Croitoru, BNR: Romania Should Put Debt Cap In Constitution
Macroeconomics

Croitoru, BNR: Romania Should Put Debt Cap In Constitution

Romania must balance its fiscal policy better and put a constitutional cap on the public debt, a central bank official said Tuesday.

Florentina Dragu · 04.10.2011 · 14:55 · 1 min
Dragoi: Romania Contracted EU Structural Funds, Must Carry Out Projects
Macroeconomics

Dragoi: Romania Contracted EU Structural Funds, Must Carry Out Projects

Romania has contracted a large part of the structural funds granted by the European Union for the next four years, and authorities must focus on implementing the projects that have been sign...

Ioana Tudor · 04.10.2011 · 14:37 · 1 min
Macroeconomics

Romania January-September Tax Revenue Up 11% On Year To RON114.6B

Romania’s fiscal authority ANAF Tuesday reported overall budget revenue of 114.6 billion lei (EUR26.5 billion) in January through September, up 11.2% from the year-earlier period.

Florentina Dragu · 04.10.2011 · 13:42 · 1 min
Isarescu Says Lower Taxes May Block Public Investments
Banks-Insurance

Isarescu Says Lower Taxes May Block Public Investments

Lowering the taxes or the social security contributions seems like a simple enough solution to unburden the business environment, but the measure would be short-lived and would only limit th...

Florentina Dragu · 04.10.2011 · 12:55 · 1 min
INS: August Industrial Prices -0.2% On Month, +8.7% On Year
Macroeconomics

INS: August Industrial Prices -0.2% On Month, +8.7% On Year

Romania’s industrial producer price index nudged down 0.2% in August from a month earlier, due to declines in the manufacturing sector, the country’s statistics institute INS said Tuesday.

Florentina Dragu · 04.10.2011 · 10:03 · 1 min
Macroeconomics

INS: Tourist Arrivals Up 21.7% On Year In August

Tourist arrivals in Romania rose 21.7% in August from the year-earlier month, while overnight accommodations were up 23.4% on the year, the statistics institute INS said Tuesday.

Florentina Dragu · 04.10.2011 · 10:03 · 1 min
Romania August Adjusted Retail Sales -3% On Month
Retail&Consumer

Romania August Adjusted Retail Sales -3% On Month

Romanian adjusted retail sales fell 3% in August compared with a month earlier, due to declines in most sectors, the statistics institute INS said Tuesday.

Florentina Dragu · 04.10.2011 · 10:02 · 1 min
First Year Of Finance Minister Ialomitianu’s Term
Social/Politics

First Year Of Finance Minister Ialomitianu’s Term

Georghe Ialomitianu, 52, who has been Finance minister for a year, has remained a low-profile figure on the economic and political scene, but his name has been thrown around whenever a possi...

Claudia Medrega · 04.10.2011 · 00:00 · 2 min