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ZF English · Macroeconomy
IMF: Inflation remains high if budget deficit is not kept low
The only way to bring the inflation back down to 5% level quickly and without incurring high economic costs is a good correlation of the monetary and fiscal policies. However, this is an optimistic scenario, believes the International Monetary Fund (IMF) "If t...
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New round of mortgage rate cuts sees interest kept at less than 10%
February starts with a new round of rate cuts for mortgage loans, both in RON and in foreign currency, as more and more banks are definitely sticking to rates of less than 10%. The declines...
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Official inflation rate kept to 9.3% for 2004
Official inflation rate kept to 9.3% for 2004
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Most NBR reserves kept in foreign bonds
Most NBR reserves kept in foreign bonds
ZF English
Tax on reinvested profit kept
Dropping the reinvested profit tax is not an efficient step to take, as it is discriminatory, the Finance Ministry says in an answer to the requests of the representatives of various SMEs. "...