Ministry
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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 '...
Finance Ministry speeds up budget
The Finance Ministry is to present a report on the main indicators used to build next year's budget during today's Government session. These indicators include a 5% economic growth, ministry...
Finance Ministry eyes salaries paid as dividends, plans tax increase
After the single quota, the Finance Ministry is now planning a new surprise for corporate taxpayers: the cut in the profit tax from 25% to 20% along with an increase in the dividend tax from...
Foreign investors make peace with Finance Ministry
The Foreign Investors Council (FIC) has announced the Finance Ministry came up with a series of solutions to FIC representatives' suggestions about a conduct code for the fiscal authorities...
Debt trading stuck at Finance Ministry
The Romanian Businesspeople Association (AOAR) and the chairman of the Romanian Commodities Exchange (BRM) on Wednesday accused Finance minister Mihai Tanasescu of having blocked the Governm...
Finance Ministry raises 210bn ROL
The Finance Ministry managed to collect more than 210bn ROL from the banks on Tuesday, following two auctions for treasury bills. The amount can be billed as an outstanding success, given th...
Finance Ministry allows T-bill yields to start slow climb
The Finance Ministry has allowed a slight increase in T-bill interests, after having rejected the banks' bids twice. The yields have climbed less than half a point, so far. However, the mark...
Finance Ministry mulls 3% cut in social security contributions
Social security contributions will be 3% lower as of next year, as they are slated to drop to 49.5%, down from the current 52.5%, according to Finance minister Mihai Tanasescu. The minister...
Finance Ministry keeps banks away from T-bills
The financial market has lost its benchmarks, few as they were. The three-year T-bill issues have been nothing more than a "formal" instrument for two months now, which the Finance Ministry...