Financial
October 23, 2015 14:05
Romania had the fourth lowest debt in the EU in 2014 according to Eurostat. The countries with the lowest public debt were Estonia, Luxembourg, Bulgaria, Romania, Latvia and Lithuania......more »
October 22, 2015 14:55
Deloitte's annual Tax&Legal conference, entitled “Rewriting tax law: turning a challenge into a business opportunity” took place on October 21st at Bucharest's Marriott Grand Hotel.The much needed dialogue on changing international laws and the necessity for Romania to keep up with these changes as well as the methods used in order to do this have long been leitmotifs for legal practitioners in the country....more »
October 19, 2015 12:49
According to Eurostat, Romania has seen the second negative inflation rate in Europe during September 2015...more »
October 16, 2015 09:26
According to the Romanian National Bank, direct foreign investment in the country amounted to approximately one billion EUR more than in January-August of 2014....more »
October 15, 2015 11:38
A recent press release, following a meeting between American Ambassador to Romania, Hans Klemm and Romanian Minister of Economy, Commerce and Tourism, Mihai Tudose, emphasized the importance of Romanian-American cooperation by publishing the relevant numbers with regard to foreign investments....more »
October 15, 2015 11:06
Shareholders of Banca Transilvania (BT) approved the merger with Volksbank Romania according to a recent press release....more »
October 07, 2015 13:48
The International Monetary Fund revised its initial estimates concerning Romania's economic growth rate....more »
October 07, 2015 09:29
The Romanian Competition Council has fined four producer and 78 distributor companies in the lacquer and paint market following certain irregularities with respect to deals between the two sides that established product prices....more »
September 30, 2015 13:45
Romanian Finance Minister, Eugen Teodorovici, declared recently that the country will start negotiations on a new deal to be signed with the International Monetary Fund by the end of this year. The focus of the negotiations will purportedly be on the implementation of structural reforms, and not budgetary deficit issues, Reuters reports. ...more »
September 29, 2015 12:33
Romania's OMV Petrom gas and oil group got approval from its shareholders to be listed on the London Stock Exchange (LSE). The company will issue GDRs (global depository receipts) for this secondary listing. Its Executive Board has the mandate to carry this on until December 31st 2016....more »
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