Finance Ministry
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Finance Ministry gets 940m euros from banks, pays 4.89% yield
The Finance Ministry yesterday sold euro-denominated bonds with a three-year maturity worth 939.2 million euros, paying an average 4.89%, nearly 0.1% more than in November 2010, when they issued government bonds worth over 1.3 billion euros with the same matur...
NBR becomes arrears watchdog: It has to monitor and audit Finance Ministry plans to reduce debt
The National Bank is required to monitor and audit the application of the Finance Ministry's strategic plans to reduce arrears incurred by the local authorities and by state-controlled compa...
Managers of state-owned companies to report economic indicators to the Finance Ministry on a monthly basis
Public corporations and state companies will be required to notify the Finance Ministry on a monthly or a quarterly basis on the progression of financial indicators, and to meet certain perf...
Finance Ministry decides to explain what companies that paid minimum tax in 2010 have to do
A month and a half after the enforcement of the Fiscal Code version approved by the Government at the end of 2010, the Finance Ministry has finalised the enforcement guidelines clarifying as...
Finance Ministry hires lawyers for 7bn-euro foreign funding programme
The state's three-year foreign market funding programme worth around 7 billion euros is on the finishing straight after the Finance Ministry hired law firm consortium formed of local firm Ra...
How much money the Finance Ministry expects from the profits of banks and companies
Banks will help the budget less than they did up until last year, with the Finance Ministry anticipating to collect modest amounts from taxing earnings of lending institutions, 80-100 millio...
Finance Ministry raises 1.3bn euros from banks at 4.8% interest
The state borrowed nearly 1.32 billion euros yesterday, mainly from banks, agreeing to pay a 4.8% interest rate on three-year bonds.
Finance Ministry needs to raise at least 1bn euros on Thursday
The bond issue set to be worth 1 billion euros that the Finance Ministry announced for Thursday, November 25, is akin to a credibility test for Romania, President Traian Băsescu believes.
Isărescu brings banks and Finance Ministry together to discuss state's financing
The National Bank and the Finance Ministry sat down with the heads of the biggest banks on the market and with their treasurers to discuss the refinancing of the euro-denominated bond issue...