arrears
15 articole · RSS
State-secured foreign loans fuel budget arrears
Twenty-seven state-run or private companies failed to pay the instalments on the foreign loans secured by the State last year, so that the Finance Ministry was forced to pay some $460 millio...
Finance Ministry to take on arrears and lack of financial discipline
After launching the campaign against corruption, the Government is now preparing to take on the arrears that are plaguing the economy."The time has come to make some crucial decisions in ord...
President decorates "producers of arrears" for outstanding merits
Everybody agrees that the energy industry makes up the unrestructured hardcore of Romanian economy. However, President Ion Iliescu seems to think very highly of the managers at Electrica, Ro...
Untangling the arrears
In a special session on Monday night, the Government passed a long list of budgets for companies and autonomous regies subordinated to various ministries. It also rejected and returned an eq...
Untangling the arrears
Untangling the arrears
Arrears and national welfare
Over the last ten years, not paying back one's debts has become a tradition in Romania. When somebody has obligations towards the budget, they are called fiscal arrears; when they are relate...