03.19.2015

Romania’s Finance Ministry on Thursday raised a planned 300 million lei (EUR68 million) in a reopening of a seven-year bond due April 2020, while the average yield rose slightly to 2.58% a year. more

03.18.2015

Romania’s government increased the cap of foreign bond issuance from 15 billion euros to EUR18 billion to cover its gross financing needs for 2015 and 2016. more

03.16.2015

Romania’s Finance Ministry on Monday raised a planned 300 million lei (EUR67.6 million) in the reopening of a three-year bond auction, on slightly higher yields. more

03.12.2015

Romania’s Finance Ministry on Thursday raised a planned 200 million lei (EUR45 million) in a reopening of a ten-year bond due February 2025, with the average yield rising to 3.09% a year. more

03.12.2015

The Finance Ministry repaid the first EUR1.5 billion tranche of the loan it took from the European Commission in 2009. The amount equals half of this year’s projected budget deficit. more

03.09.2015

Romania’s Finance Ministry Monday raised a planned 500 million lei (EUR112.3 million) in a reopening of a five-year bond due June 2019, while the average yield rose to 2.35%. more

03.05.2015

Romania’s Government is not considering introducing the progressive income taxation, at least not in the next two years, because the application used by the tax authority ANAF prevents it from more

02.27.2015

Romania’s Finance Ministry wants to sell government paper worth 3.34 billion lei (EUR752 million) in March, down from RON4.3 billion in the previous month, according to the issuance plan released more

02.27.2015

Romania’s consolidated budget registered a surplus of 3.95 billion lei (EUR889 million), or 0.56% of the gross domestic product, supported by higher revenue from income and property taxes, and the more

02.23.2015

Romania’s Finance Ministry on Monday raised a lower-than-planned 354.8 million lei (EUR80 million) at the first three-month treasury bills auction in more than five years, with the yield falling to more

02.19.2015

Romania’s Finance Ministry on Thursday raised a planned 700 million lei (EUR157.7 million) in a reopening of its seven-year bond due April 2020, with the average yield falling to 2.53% a year, the more

02.19.2015

Excise duties and the value added tax will be lowered before the end of the year, and not in 2016, as established in the country’s new Tax Code Draft, to stimulate consumption in November and more

02.17.2015

BRD Finance, the consumer loan unit of lender BRD-Groupe Societe Generale (BRD.RO), appointed Eric Dhoste as the new general manager of the company, replacing Antoine Gabizon, who took the helm of more

02.16.2015

Romania’s Finance Ministry on Monday raised a planned 700 million lei (EUR157.6 million) in the reopening of a three-year bond auction, while the yield fell to an all-time low for that maturity. more

02.12.2015

Romania’s Finance Ministry Thursday sold a planned 800 million lei (EUR180 million) in 12-month treasury bills, with the average yield down to 1.46%. more

02.09.2015

Romania will not tap international financing markets in the first half of the year, as previously announced, Finance Minister Darius Valcov told reporters Monday, adding the country might reduce its more

02.09.2015

Romania’s Finance Ministry on Monday raised a planned 600 million lei (EUR135.5 million) in a reopening of a ten-year bond due February 2025, with the average yield falling to 2.81% a year. more

02.05.2015

Romania’s Finance Ministry Thursday raised a planned 600 million lei (EUR136 million) in a reopening of a five-year bond due June 2019, while the average yield fell to 1.99%, a new record low for more

02.02.2015

Romania’s Finance Ministry Monday sold a planned 600 million lei (EUR136 million) in state paper in a reopening of its 15-year bond due July 2027, at an average yield of 2.94%, lower than at the more

01.30.2015

Romania’s Finance Ministry plans to raise almost 5 million lei (EUR1.13 billion) at debt auctions in February, the highest monthly plan in four years. more

01.26.2015

Romania’s Finance Ministry on Monday raised 566.9 million lei (EUR127 million), higher than the planned amount, in a reopening of a ten-year bond due April 2023, while the annual average yield fell more

01.22.2015

Romania’s Finance Ministry Thursday sold a planned 800 million lei (EUR178 million) in 11-month treasury bills, with the yield falling to 1.36%, a record low for this maturity. more

01.19.2015

Romania’s Finance Ministry Monday sold 250 million lei (EUR55.5 million) of state paper in a reopening of its 15-year bond due July 2027, at an average yield of 3.3%, lower than at the previous more

01.15.2015

Romania’s Finance Ministry Thursday raised a planned 500 million lei (EUR111 million) in a reopening of a five-year bond due June 2019, with the yields continuing the decreasing trend seen at more

01.14.2015

Banks will be able to grant more than 30,000 loans via the First Home scheme in 2015 if the government allocates a 2.5 billion lei (EUR557 million) cap as announced at the beginning of the year. This more