Financial
January 19, 2015 15:43
The European Bank for Reconstruction and Development has maintained the forecasts as regards Romania's economy which is expected to advance by 2.8 percent in 2015, indicates the latest regional report of the financial institution....more »
January 16, 2015 14:40
Bucharest-based Raiffeisen Leasing, the subsidiary of Austria’s Raiffeisen Bank International has been provided a 132 million lei (about 30 million euro) loan by the European Bank for Reconstruction and Development, funds which will be on-lent to micro, small and medium-sized enterprises (MSMEs) to finance leases of equipment, trucks, trailers and commercial vehicles, according to a press release of the financial institution....more »
January 14, 2015 12:28
The law no. 11/2015 enforcing the emergency ordinance that provides the reduction of the tax on special construction by 33 percent will come into effect as from January 16, 2015 after being published in Romania’s Official Gazette three days earlier....more »
January 13, 2015 14:47
After 11 months in 2014, the level of foreign direct investment (FDI) in Romania is still below the volume recorded in the previous year, though the decline slowed downed following inflows of 531 million euro in November, according to a release of Romania’s Central Bank, BNR....more »
January 09, 2015 13:27
Romania’s exports increased by 6.5 percent year-on-year between January and November 2014, while imports had a lower growth rate of 6 percent, leading to a trade deficit of 5.3 billion euro, higher by 97.1 million euro compared to the previous year, announces the National Institute of Statistics (INSSE)....more »
January 08, 2015 12:41
The retail turnover volume recorded a growth rate above 7 percent in the first eleven months of the past year stimulated by rising sales of non-food products, food, beverages and tobacco, indicates a report of the National Institute of Statistic...more »
January 07, 2015 16:41
Romania has committed to use all the CHF181 million (150 million euros) non-reimbursable funds granted by Switzerland for helping our country to develop, amount which will be allocated to more than 250 projects already approved, announces the Ministry of Finance....more »
January 07, 2015 14:08
Romania’s central bank, BNR, lowered again the monetary policy rate to 2.5 percent, a new historic low, which will be effective starting with January 8, 2014, announces a press release of the bank....more »
January 07, 2015 12:16
The new Minister of Economy, Mihai Tudose, met with representatives of the judicial administrators of Oltchim, RomInsolv and BDO Business Restructuring who presented the timetable for reorganizing the insolvent chemical plant and which fixes March 7, 2015 as the deadline for approving the reorganization plan....more »
January 05, 2015 16:21
The National Bank of Romania’s foreign exchange reserves increased at the end of 2014 to 32.216 billion euro from 31.467 billion euro in November, while in 2013 they came to 32.525 billion euro....more »
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