Results 1 - 21 from 21 for "arrears"
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Eurostat: Romania Ranks Fifth In The EU By Percentage Of Population In Arrears With Mortgage
05.29.2018
Romania places fifth in a ranking of European Union member states regarding the percentage of population in arrears with mortgage (payments more than 90 days overdue), with 19.7% of its population more
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State-Run Companies’ Debts Account For Almost Half Of Their Revenue
02.17.2015
The debts of state-run companies account for almost half of their revenue and most of the money is owed to the state budget. more
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State Companies Allowed To Transfer Assets To Other State Firms To Reduce Arrears
08.22.2014
Romanian companies majority owned by the state, including their subsidiaries, will be allowed to transfer assets, through direct negotiation, to other firms majority held by the state, in a move to more
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Romania To Approve Program Slashing Arrears Of State Companies By RON2B
02.14.2014
The Romanian Government will approve next week a program aimed to reduce the overdue debts of state-owned companies by 2 billion lei (EUR0.44 billion), Prime Minister Victor Ponta and more
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Arrears Of Private And State Companies Rose To 20% Of Romania’s GDP During Crisis
09.24.2013
Overdue debts of private companies and state-owned companies in Romania increased between 2008 and 2012, reaching around 20% of the country’s gross domestic product (nearly RON120 billion). more
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Hospital Managers To Be Fired If They Fail To Rein In Arrears
06.07.2013
Romanian hospital manager will be fired if the healthcare units they run register overdue debts for three consecutive months, according to an emergency ordinance recently approved by the Government. more
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Government Allots Over RON76M For Payment Of Hospital Arrears
05.21.2013
The Romanian Government has increased the Health Ministry’s budget by more than 76 million lei (EUR17.4 million) so that the arrears amassed by public hospitals subordinated to local authorities can more
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Local Authorities Must Cut Arrears By 85% In Two Months - Draft
01.29.2013
Romanian local governments that register arrears at the end of January 2013 will be obliged to reduce them by at least 85% in two months, otherwise the state treasury will limit payments from their more
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Development Ministry Will Pay Off Rural Infrastructure Arrears Of RON144M
09.19.2012
Romania’s Regional Development Ministry is the new administrator of the Rural Infrastructure Development Program and will pay off rural infrastructure debts of 144 million lei (EUR31.9 million), more
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Local Authorities Must Cut Arrears To Further Receive State Budget Funds
09.07.2012
Romanian local authorities will have to reduce debts overdue by more than 90 days by at least 5% monthly or they will no longer receive state budget funds, according to an emergency ordinance approved more
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Local Authorities Must Cut Arrears To Further Receive State Budget Funds - Draft
08.30.2012
Romanian local authorities will have to reduce arrears monthly by at least 5% or they will no longer receive state budget funds, as per a draft emergency decree drawn up by the Finance Ministry. more
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Government To Amend Finance Law Again, As Local Arrears Keep Growing
05.29.2012
Romania's Government has completely missed the target for the reduction of local authority arrears in the first quarter, and the debts have even grown, indicating serious failures in the monitoring more
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State Arrears To Constructors Halved, But Still A Major Problem
12.08.2011
State arrears to companies in the Romanian construction sector decreased over the past years, but continue to be a major problem, considering that the financial crisis had a strong impact on more
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Government Wants To Reduce State Enterprise Arrears By RON5-6B In 2012
11.12.2011
Romania's Government estimates that restructuring the state-owned enterprises monitored through the agreement with the IMF will reduce their arrears by 5-6 billion lei (EUR1.15-1.38 billion) next more
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Economy Ministry Companies Reduced Arrears, Posted 50% Lower 9-Mo Losses
11.03.2011
The companies under the Romanian Economy Ministry's authority and monitored by the IMF have reduced their arrears, cut their personnel expenses by 4.5% and posted 50% lower losses in the first nine more
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Basescu: All Objectives In Loan Agreement Met, Except Government Arrears
07.31.2011
Romanian President Traian Basescu said Sunday, after the meeting with the IMF, European Commission and World Bank delegation, that Romania has met all of its objectives in the loan agreement, except more
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Alliance For Health: Unpaid Arrears Block Supplier Activity
07.21.2011
The Romanian Alliance for Health (APSR) believes that arrears in the healthcare sector block the activity of unpaid suppliers, leading those that cannot self-finance to bankruptcy and denying equality more
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State-Owned Companies To Crack Down On Debtors
05.15.2011
The International Monetary Fund asked Romania to toughen up measures taken against clients who owe considerable sums to state-owned companies, using “legal measures” against those with arrears. more
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Romania Pledges To Restructure Revenue Service By IMF June Board
05.15.2011
Romania's Government will adopt an ordinance restructuring revenue service ANAF before the IMF's board meeting in June and will finish taking stock of all state company and budget arrears from 2010, more
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Tarom Won't Be Privatized, Government To Sell Minority Package - Sources
05.08.2011
The Romanian Government states, in the new letter of intent to the IMF, its goal to privatize chemical plant Oltchim and the Turceni, Rovinari and Craiova energy complexes, while its plan for airline more
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BNR Becomes Arrears Watchdog: It Has to Monitor and Audit Finance Ministry Pans to Reduce Debt
05.04.2011
Romania's central bank is required to monitor and audit the application of the Finance Ministry's strategic plans to reduce arrears incurred by the local authorities and by state-controlled companies, more