Articles 301 - 325 of 556 by " Claudia Medrega"
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Budget Revenue Share Of GDP Down To Four-Year Low
29 iul 2014
The government came with two successive waves of taxation changes in 2013, followed by a new taxation increase in the first half of this year, but despite the new or higher taxes, the total revenue of more
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EBRD, EIB And IFC Propped Romanian Financial Sector With EUR400M In 1H
23 iul 2014
The World Bank/IFC, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) extended loans of around EUR400 million in the first year-half to Romania’s more
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Budget Is Out Of Sync With Economic Growth
28 mai 2014
The macroeconomic indicators may have been good news, as the economic growth was beyond expectations in the first quarter of 2014, but budget revenue did not follow the same trend, merely rising by more
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Financial Analysts’ Confidence In Romanian Economy At Its Highest
26 mai 2014
Financial analysts’ confidence in Romania’s economy reached a new all-time high in April, prompted by positive expectations about its performance in the coming period and the evaluation of the more
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Foreign Investors Call On Government To Scrap Tax On Special Constructions
23 mai 2014
Foreign investors are calling on the Romanian government to scrap the tax on special constructions in its current form because it is expected to generate huge losses for companies by doubling or even more
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Czech-Held APS Holding, Likely To Buy 3-4 NPL Portfolios With IFC Money
21 mai 2014
The loan IFC, the World Bank’s investment arm, granted to Czech-held APS Holding for the takeover of NPLs in Romania is likely to be used by the company for the purchase of three or four portfolios, more
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Banca Transilvania Ready To Go Shopping
13 mai 2014
Banca Transilvania (TLV.RO) is in talks to buy a bank or a portfolio, with a possible deal set to be sealed if it brings added value and if it is related to the retail or SME segment, states Omer more
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Major Foreign Banks Cut Exposure To Romania By 20% In 5 Years
9 mai 2014
The foreign banks that participated in the Vienna Initiative and that hold around two thirds of the Romanian banking system's assets narrowed their exposure to local subsidiaries by 20% between March more
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Isarescu: Divorce Of Banks And Companies Still Dominant
7 mai 2014
The latest March data show a rebound in lending, yet the rebound is not that strong, as the ‘divorce’ of banks and companies is still dominant. more
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Government Sets January 1, 2019 As New Euro Adoption Target
1 mai 2014
Romania set out to adopt the euro in 2019, when it will assume the EU presidency for the first time, Prime Minister Victor Ponta said on Wednesday. more
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Finance Ministry Has EUR8B Left To Repay To Foreign Lenders From 2009 IMF-Led Loan
29 apr 2014
The Finance Ministry has almost EUR8 billion left to repay of the about EUR20 billion record loan it took out together with the central bank from international financial institutions in 2009 by 2023. more
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Moody’s: Accelerated GDP Growth And State-Owned Sector Efficiency Could Drive Rating Up
28 apr 2014
Romania could see a rating upgrade from Moody’s if a pronounced acceleration in gross domestic product growth occurs without a widening of macroeconomic imbalances, along with a greater efficiency more
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Financial Analysts’ Improve View On Romania's Economy
25 apr 2014
Romanian financial analysts’ confidence increased in March after improved expectations about the economy's performance over the next twelve months, confirming positive forecasts of other economists more
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Budget Minister Says Sovereign Rating Upgrade On The Way
18 apr 2014
Having just returned from a trip to Washington where he met with the officials of the S&P and Moody’s ratings agencies, Budget Minister Liviu Voinea says chances are Romania will get a rating more
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Good Macroeconomic News Makes Analysts Revise GDP Growth Forecasts
11 apr 2014
The good news from most macroeconomic indicators in the first two months of the year is making analysts change their full-year gross domestic product growth forecast towards 3% to 3.5%. more
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Treasury Notes For Population, Still On Romanian Finance Ministry’s Agenda
10 apr 2014
The Finance Ministry reaffirmed in the public debt management strategy its intention to consider the opportunity of issuing “specific securities for the population”. The objective was also more
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New State Aid Scheme For Companies In Romania
8 apr 2014
The Romanian state is set to cover part of salary expenses for around 1,500 companies that should create a total of 30,000 new jobs within a seven-year period, with the budget of the new state aid more
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World Bank VP: Romania Needs 5%- 6% GDP Growth To Converge With EU Living Standards
4 apr 2014
Romania needs to stimulate its economic growth to reach rates of 5% to 6% a year in order to converge with the living standards of the European Union. It also needs to continue structural reforms in more
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NATO Accession In 2004 Put Romania On Investors’ Radar
1 apr 2014
Romania’s accession to the North Atlantic Treaty Organization (NATO) on April 2 ten years ago turned out to be very important for the Eastern European country's economy, not only for its security. more
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State Paper Yields Hit Fresh All-Time Low In 1Q/2014
24 mar 2014
The Romanian Government continued to borrow cheaper in the first quarter of 2014, with state paper yields hitting a fresh all-time low during this period. more
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Bankers In Romania Expect Bond Market Revival
24 mar 2014
The market is flush with cash and its price has never been so low. Thus, the Romanian market is not having a cash issue now, but it’s coping with a loan demand shortage. On the other hand, bonds more
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Ben Terra, EY Netherlands: Romania Needs To Speed Up VAT Refunds And Have Clearer Legislation To Attract Investors
12 mar 2014
The taxation system is one of the essential factors analyzed when companies decide to do business and invest in a country and if the VAT is 24% and investors pay 24% more because of this tax, then VAT more
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Farming Sector Contributed Half Of 2013’s Economic Growth
17 feb 2014
Agriculture generated almost half of Romania’s surprising economic growth of last year, 3.5%, after the gross value added in the farming sector increased by 23% year-on-year, according to Eurostat. more
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Goldman Sachs Assigns Analyst To Cover Romania
11 feb 2014
Goldman Sachs, the most influential US investment bank, is paying more attention to Romania and has assigned an analyst to review its economy based on macroeconomic indicators for the first time in more
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Banks To Collect An Additional EUR100M In Fees If Law Capping Cash Payments Passes
3 feb 2014
Banks will stand to gain an additional EUR80 million to EUR100 million in fees from people buying homes or from retailers of furniture, cars and other items that cost more than 10,000 lei (about more