Government
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Companies with 850m-euro business insolvent
As part of its new anti-crisis plan, the Government should announce the creation of a national investment fund fuelled by minority stakes the state holds in various companies, which should b...
Government's risk scenario: 0.2% economic growth and 9% unemployment rate
In a risk scenario, the Romanian government takes into account an economic growth rate of just 0.2% for this year, below the 1.3% target, and does not expect tax collection to improve amid t...
Government optimism again contradicted by reality
Romania is going through the economic year 2010 with the same optimistic tone of the authorities as one year ago when the crisis was denied and the record 20 billion-euro loan from the IMF a...
Erste: The Government should speak less and do more
Werner Weihs-Raabl, head of the infrastructure and public sector financing unit of Austria's Erste group that owns the biggest bank on the Romanian market, BCR, states he is likely to earmar...
A tense yet inconclusive day
In the tensest day since the current Government took office, president Traian Basescu and the leaders of the two coalition parties, Emil Boc (PD-L - Democratic-Liberal Party) and Mircea Geoa...
Government starts to pay up debt: 350m euros go to construction and transport firms
The Romanian Government has paid around 1 billion and a half RON (400 million euros) of the 2008 overdue debt of the Ministry of Transport, according to official data from the ministry.
New Government building set to cost around 50m euros
The expansion of Palatul Victoria (Victoria Palace), the Romanian government's current headquarters, a project initiated in 2007, is being delayed for bureaucratic reasons, but the Dutch arc...
How the 10bn euros allocated by Government for investments will be spent
Public administration, transport, public works and agricultural infrastructure are the economic sectors that received the highest fund allocations for investment purposes in the 2009 state b...
Romanian PM: Government does not want to nationalise banks
The Romanian Government will not request the takeover of stakes in banks within the system in case they incurred problems, as happened in other European countries, but it will try to find so...