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ZF English

New Fiscal Code draft likely to boost mortgage loans, home improvement market

If you wish to apply for a mortgage loan, perhaps it would be wise not to hurry: starting next year, the Tax Authority will accept the deduction of loan rates. They are not giving anything a...

Razvan Voican · 06.08.2003 · 00:00 · 2 min
ZF English

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...

Razvan Voican · 04.07.2003 · 00:00 · 2 min
ZF English

Ministries no longer allowed to contract foreign loans

The Romanian ministries will no longer be able to contract foreign loans on their own and then ask the Finance Ministry to simply secure the credits, which they have been doing so far, in ac...

Razvan Voican · 10.04.2003 · 00:00 · 2 min
ZF English

Battles over housing loans

Banca Romana pentru Dezvoltare (Romanian Development Bank - BRD) - Groupe Societe Generale, the second largest bank on the Romanian market has cut the interests on the housing loans in ROL f...

Razvan Voican · 25.02.2003 · 00:00 · 1 min
ZF English

Dollars for loans, ROL for savings and capital market for the strong-hearted

Last year, Ziarul Financiar advised you to go for foreign currency loans and to keep your savings in ROL. That is exactly what many Romanians did, and this trend may just maintain in 2003, a...

Ionela Nuta · 06.01.2003 · 00:00 · 2 min
ZF English

Petrom expects less expensive loans

Petrom expects less expensive loans

Sorin Elisei · 19.11.2001 · 00:00 · 1 min
ZF English

Petrom expects less expensive loans

The decision of rating agency Fitch IBCA to upgrade SNP Petrom rating from stable to positive will trigger a decrease in interest rates for the future loans the company is planning to obtain...

Sorin Elisei · 19.11.2001 · 00:00 · 1 min