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Mutual funds still not allowed to invest abroad
Mutual funds still not allowed to invest abroad
Foreign taxi companies allowed in Romania
Foreign taxi companies allowed in Romania
SIF allowed to repurchase residual stakes
The financial investment companies (SIF) will be allowed to repurchase part of their shares issued, even if this means exceeding the 10% of share capital cap set by the legislation in force,...
Romanians to be allowed to take any amount of foreign currency out of the country
Several weeks ago, the central dailies wrote that Gigi Becali, owner of the Steaua Football Club, allegedly crossed the border with almost 300,000 euros in cash, aiming to award his players...
Ministries no longer allowed to contract foreign loans
The Romanian ministries will no longer be able to contract foreign loans on their own and then ask the Finance Ministry to simply secure the credits, which they have been doing so far, in ac...
Current account deficit is allowed another $800m
Current account deficit is allowed another $800m
Current account deficit is allowed another $800m
The current account deficit of the payment balance decreased by nine million dollars in September, after the accelerated increase registered earlier this year had been cut for three months i...