Ministry
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Finance Ministry needs 300m euros
The Finance Ministry needs 300 million euros as soon as possible to finance the budgetary deficit, which, albeit within 2.7% of GDP, turns out to be impossible to finance completely. Still t...
Finance Ministry pays more
It is for sure now. The Finance Ministry has completely rallied to the interest increase trend - at least when it comes to short maturities, set by the central bank in the last few months. T...
National Bank, Finance Ministry clash over budget deficit financing
No sooner had the IMF's Board of directors voted for the first-ever completion of a stand-by agreement concluded with Romania after 1989 that a new dispute between the central bank and the F...
Finance Ministry releases new bonds
The Public Finance Ministry will release its first floating interest bond issue maturing in five years early next month, on November 6. The main feature of the new product, which the Finance...
Finance Ministry keeps promise, announces 3% social security contribution cut
The social security contributions (CAS), the millstone of the Romanian taxation system, will go down by three percent to 49.5%, as of next year. The decrease solely concerns employers, which...
Finance Ministry after 104m euros
The rise in the central bank's benchmark rate on the interbank money market from 19.25% to 20.25% a year and the banks' reluctance to invest their cash in government securities over the last...
Disgruntled Petrom employees threaten to take Ministry of Economy to court
The authorities' method to privatise Romania's largest company, SNP (National Oil Company) Petrom is fiercely contested by the powerful association of the company's employees, led by Liviu L...
Disgruntled Petrom employees threaten to take Ministry of Economy to court
The authorities' method to privatise Romania's largest company, SNP (National Oil Company) Petrom is fiercely contested by the powerful association of the company's employees, led by Liviu L...
Minority shareholders, Economy Ministry fight over Petrom
Between submitting the letters of intent and drafting the shortlist with the successful candidates, the privatisation process of SNP (National Oil Company) Petrom has entered an unexpected '...