finance
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Finance Ministry keeps purse strings tight
The general consolidated budget deficit had come to total 14,670bn ROL in the first 11 months of last year, accounting for 0.8% of GDP and for about half of the deficit in the same time in 2...
Finance Minister dangles tax carrot again
Finance minister Mihai Tanasescu has resumed promises about continuing the reduce the social security contributions (CAS) by three percentage points as of 2005, as well as the profit tax to...
Finance Ministry hopes to borrow less in 2004
Romania might need less than one billion euros in foreign funding for the budget deficit and domestic debt next year, which is lower than shown by the previous forecasts, Enache Jiru, the he...
Finance Ministry even less keen on domestic market
The reopening of the eurobond issue released this summer is the only option to fund the budgetary deficit without generating inflation, Finance minister Mihai Tanasescu says. In other words,...
Finance Ministry aims to monitor state-owned companies
A 0.5% of GDP drop in the volume of arrears is one of the Finance Ministry's top priorities for next year, prompting the ministry officials to start monitoring the spending and revenues budg...
Finance Ministry needs 300m euros
The Finance Ministry needs 300 million euros as soon as possible to finance the budgetary deficit, which, albeit within 2.7% of GDP, turns out to be impossible to finance completely. Still t...
Finance Ministry pays more
It is for sure now. The Finance Ministry has completely rallied to the interest increase trend - at least when it comes to short maturities, set by the central bank in the last few months. T...
Tinte General Electric: centre medicale, energie si consumer finance
General Electric (GE), cea mai mare companie din lume ca vanzari, a demarat un proiect de 20 de milioane de dolari pentru dotarea a opt centre medicale in Romania.Grupul american vrea, de as...
Finance minister Mihai Tanasescu making fiscal forecasts
The profit tax cut to at least 23%, the introduction of the flat salary tax set at the same level, the significant increase in the dividend tax and social security contribution cut to about...