December
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Lending ends 2003 with 6% December jump
The year 2003 is very likely to be remembered in Romania's recent financial history as the year when corporate and consumer lending took off with a blast. The final statistics of the Nationa...
BCR staff to buy shares in December
The second stage in the privatisation of Romania's largest bank, the Romanian Commercial Bank (BCR), namely the sale through direct negotiation of an 8% stake to the bank employees will begi...
Financial report on FNI, due in December
The financial-accounting investigation ordered by prosecutors in the case of the collapse of the National Investment Fund (FNI) will be finalised in late December, the general prosecutor of...
RCA campaign pushed for late December
Insurance companies will be allowed to start selling their civil auto liability policies (RCA) for 2003 on December 19, according to the enforcement guidelines of the Law on mandatory civil...
Inflation to reach 3% in December
Inflation to reach 3% in December
Inflation to reach 3% in December
Former Prime Minister Mugur Isarescu estimated that inflation would stand at around 3 percent in December, which makes the annual rate reach a 40-41 percent level. For next year, the new Gov...
December brings IMF monitoring
December brings IMF monitoring
December brings IMF monitoring
The Government has a little over one month to go before the first IMF quarterly assessment. The performance criteria included in the memorandum are strict and condition the release of the se...