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EU to request Government to raise taxes and cut spending
Next week, the Finance Ministers in the European Union will request that Romania should consider increasing some taxes to boost the revenues of the state budget, in order to encourage invest...
Petrom tries to cut down costs at refineries
Petrom will invest one billion euros over the next five years to retool and slash production costs of Arpechim Pitesti and Petrobrazi Ploiesti refineries. The company''s management on Monday...
International coffee prices to offset excise cut
"Over the last six months, the price of the green coffee has doubled on the international exchanges, and forecasts are hardly optimistic. I believe all producers in Romania will have to rais...
Banks react strongly against suggestion by Copos to cut rates
"We are not running charities." "How do think Copos would react if a government authority had asked him to reduce profits at one of his hotels by cutting room rates?" These were some of the...
NBR decides to cut intervention rate for the second time this year
NBR decides to cut intervention rate for the second time this year
National Bank operates fresh 0.5% intervention rate cut, to 16.5%
National Bank operates fresh 0.5% intervention rate cut, to 16.5%
Inflation decline prompts new interest cut by NBR to 17%
Inflation decline prompts new interest cut by NBR to 17%
National Bank of Romania operates new intervention rate cut, down to 17.75%
National Bank of Romania operates new intervention rate cut, down to 17.75%
NBR considers rate cut
NBR considers rate cut