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

01.12.2015

Romania’s Finance Ministry on Monday raised a higher-than-planned 364 million lei (EUR81 million) in a reopening of a ten-year bond due February 2025, with the average yield falling to 3.28% a year, more

01.08.2015

Romania’s Finance Ministry on Thursday raised a planned 500 million lei (EUR111 million) at a highly oversubscribed three-year bond auction, while the yield fell to an all-time low for that more

01.05.2015

Romania plans to borrow up to 40 billion lei (EUR8.9 billion) at auctions on the local market and 3 billion euros in foreign funding in 2015, according to the indicative plan of debt sales published more

01.05.2015

Romania’s Finance Ministry Monday sold a planned 500 million lei (EUR111 million) in 5-month treasury bills, with the yield falling to 1.43%, a record low for this maturity. more

12.29.2014

Romania’s consolidated budget turned to a deficit of 0.04% of the gross domestic product after the first 11 months, from a surplus of almost 0.3% of GDP at the end of October, Finance Ministry data more

12.18.2014

Romania’s Finance Ministry cancelled a five-year bond auction scheduled for Thursday, due to increasing yields in the region following the Russian ruble decline, people in the industry told more

12.16.2014

Small and medium-sized companies are the next step toward growth for Porsche Finance Group, the finance unit of Porsche Holding, as these will continue to renew or widen their car fleets. more

12.15.2014

Romania’s Finance Ministry sold a planned 1 billion lei (EUR223 million) in 12-month treasury bills Monday, with the yield falling to 1.6%, a record low for this maturity. more

12.11.2014

The Ministries of Labor, Development, Finance, European Funds, Agriculture, Environment, Transport, Economy will receive extra funds in 2015, while the Ministries of Health, Culture and Interior will more