abroad
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Government derives hefty revenue from Romanians abroad
Government derives hefty revenue from Romanians abroad
HVB plans mutual funds to invest abroad
HVB plans mutual funds to invest abroad
Romanians working abroad unable to keep up with imports
The current account deficit of Romania's balance of payments maintained its explosive growth trend in the first month of this year. It amounted to 108 million euros in January 2004, which is...
Lack of foreign investment sends millions of Romanians working abroad
The terror attacks in Madrid have forced the Romanian authorities to publicly tackle a fact that everybody is already well aware of: increasingly more Romanians are going to work abroad and,...
Accounts abroad, no sooner than next year
The Romanian individuals will be allowed to open bank accounts abroad without having to seek NBR's approval first as of next year at best. This is one of the last things that need to be done...
Eximbank insures Romanian investment abroad
Romania's Eximbank has launched insurance policies for the investments of the Romanian companies abroad. The bank used to sell insurance for export loans granted by Romanian banks and for th...
Michelin's Romanian employees invest abroad
The Romanian employees of tyre maker Michelin bought 250,000 euros' worth in the group's shares, traded on the international market.Nearly 70% of the 3,500 Romanian employees, that is 2,320...
Banks are bringing back funds deposited abroad
Staring last year, for the first time in the last twelve years after all, the banks in the Romanian banking system decided to no longer take their foreign currency out of the country and dep...
Romanians in no rush to invest abroad
The partial liberalisation of the capital account as of January 2003, that is the possibility to directly invest on the foreign capital markets will not show in the amount of cash transferre...