finance
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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...
Finance Ministry turns to market's good will
Insurance companies, investment funds and well-off individuals are the only ones the Finance Ministry can count on for raising the $300 million in three-year bonds it needs through the new i...
Finance Ministry releases $200m bond issue
The Finance Ministry announced it would auction off USD-denominated yield bearing T-bills worth $200 million and maturing in 2006 on Wednesday, April 9. The announcement was made only five d...
Finance Ministry admits Ordinance 61 flaws
The Finance Ministry has finally brought itself to admit the Ordinance 61/2002 version enacted by a law and regulating the collection of budgetary debt is giving trouble to both banks and co...
Finance Ministry to borrow foreign currency
Romania could release the scheduled seven-year eurobond issue worth 500 million euros sometime in May. The short-list to be used for selecting the banks to broker the issue has just been put...
Finance Ministry wants seven-year bonds
The Finance Ministry is planning to borrow for seven years from the domestic market in 2004, after consolidating the three-year maturity this year. At the same time, the interest rate-cuttin...
More money for Finance Ministry
The general consolidated budget ended 2002 with 2.7% of GDP deficit, compared with 3.2% in 2001. This is one of the factors that led to a bigger-than-expected inflation drop, down to 17.8%,...
Project finance considered for Cernavoda
The Government is considering the possibility to have the necessary funding to build Unit 3 of the Cernavoda nuclear power plant obtained through project finance, which does not require any...
Project finance, in calcul pentru Cernavoda
Guvernul analizeaza posibilitatea ca suma necesara pentru construirea Unitatii 3 a centralei nucleare de la Cernavoda sa fie obtinuta prin project finance (finantare a proiectului), pentru c...