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No more negotiations on BSE
The Bucharest Stock Exchange (BSE) management intends to give up trading through negotiation, a system currently used on the XMBS, where shares in companies with a low liquidity level are tr...
No changes to the Fiscal Code
The modified fiscal code will probably come into force on January 1, 2007, six months after being passed in Parliament, Finance Minister Sebastian Vladescu, stated on Tuesday. As a matter of...
No room for young ambassadors
Almost 40% of Romania''s ambassadors are more than 60 years old, with 15% of them even exceeding the legal retirement age of 65. Ambassador positions are among the best paid and most coveted...
Stagnation, no reason for concern
The slowdown of the industrial output in 2005 is no reason for concern, a study by the National Forecast Commission (CNP) shows, as this period was just a time of adjustment to the demand on...
State in no hurry to sell CEC
CEC''s privatisation is no longer an emergency for the Government, as the preliminary bids have been deemed as too low. Banking sources say a current of opinion is now gaining ground that sa...
No Treasury bills for non-residents yet
Romania does not allow foreign investors to access the market of Treasury bills issued in RON yet, despite the public perception that the deregulation has actually taken effect as of January...
No takers for Herastrau Imobiliare bonds
Herastrau Imobiliare failed in its attempt to raise 7 million euros from the market through an issue of bonds, in order to develop a residential project, because it did not manage to sell en...
No new multinationals will come after accession, says Friesland
No new multinationals will come after accession, says Friesland
NBR will have no more foreign currency lending
NBR will have no more foreign currency lending