08.08.2012

Romania’s Finance Ministry will stop payments from income tax and VAT collections provided to local authorities, for the city halls which received money from the Government's reserve fund during the more

08.08.2012

Romania's Finance Ministry says in a document that the Transport Ministry will not carry out any privatizations this year, although the stand-by agreement with the IMF, European Commission and World more

08.06.2012

Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR153 million) in one-year treasury bills at an average yield of 5.66% a year, higher than at the previous auction. more

07.31.2012

Romania’s Finance Ministry plans to sell state paper worth 2.5 billion lei (EUR547 million) in August, up from RON1.5 billion sold a month earlier, ministry data showed Tuesday. more

07.30.2012

Romania’s Finance Ministry named Enache Jiru as secretary of state and head of the State Treasury head to replace Cristian Sporis, sources with the ministry told MEDIAFAX Monday. more

07.24.2012

Romania’s public debt rose to 237.76 billion lei (EUR51.2 billion) in May, from RON236.65 billion a month earlier, Finance Ministry data showed. more

07.16.2012

The Romanian Finance Ministry has raised only 184.8 million lei (EUR40.5 million) at a two-year bond sale Monday, well below the planned amount, in a bid to keep yields steady. more

07.11.2012

Porsche Finance Group Romania on Wednesday announced it has appointed Christoph Binder as chief executive officer, replacing Alexander Nekolar who was appointed member in Porsche Bank AG Salzburg more

07.09.2012

The tensed situation in European financial markets, alongside political disruption at home have driven Romania’s borrowing costs higher, an official of the Finance Ministry said Monday. more

07.09.2012

Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR154.6 million) in one-year treasury bills, but the average annual yield rose to 5.53%, from 5.29% previously, amid political more

07.05.2012

Romania’s Finance Ministry raised only 286.2 million lei (EUR63.88 million) at a two-year bond sale Thursday, below the planned amount, as political uncertainties following a government action to more

06.29.2012

Romania’s Finance Ministry plans to sell state paper worth 2.25 billion lei (EUR505 million) in July, above the RON1.4 billion amount sold a month earlier, ministry data showed Friday. more

06.25.2012

Former Orange Romania CEO Richard Moat has been appointed to the board of International Personal Finance, the parent company of Provident Financial Romania, as a non-executive director. more

06.22.2012

Romania's Finance Ministry plans to reopen this year a ten-year Eurobond maturing in 2018, through which it attracted EUR750 million in July 2008. more

06.21.2012

Romania’s Finance Ministry on Thursday sold 94 million lei (EUR21 million) in four-year bonds, less than a quarter of the planned amount, at an average yield of 6.28% a year, central bank data more

06.18.2012

Romania’s Finance Ministry on Monday rejected all bids at an one-year treasury-bills auction, citing unacceptable yields. more

06.15.2012

Romania’s public debt rose to 236.65 billion lei (EUR53 billion) in April, from RON235.17 billion a month earlier, according to data posted on the Finance Ministry's website. more

06.14.2012

Romania’s Finance Ministry on Thursday sold 465.8 million lei (EUR104.5 million) in two-year bonds, below the planned amount, as the average yield rose to 5.82% a year. more

06.13.2012

Yields on government bonds have risen again in the past few weeks as has Romania’s CDS, as well as interest rates on the interbank market. This at a time when risk aversion in Europe is on the rise more

06.11.2012

Romania’s Finance Ministry on Monday sold 506.8 million lei (EUR113.6 million) in one-year treasury bills, half the planned amount, as the average yield rose to 5.29% a year from a record low of more

06.07.2012

Romania’s Finance Ministry on Thursday sold 336.4 million lei (EUR75 million) in two-year bonds, half the planned amount, at an average yield of 5.73% a year, slightly higher than at the previous more

05.30.2012

Romania’s Finance Ministry plans to sell state paper worth 3.5 billion lei (EUR784.4 million) in June, close to the RON3.54 billion amount sold a month earlier, ministry data showed Wednesday. more

05.24.2012

Romania’s Finance Ministry on Thursday sold 417.2 million lei (EUR93.4 million) in seven-year bonds, slightly below the planned amount, at an average yield of 6.4% a year. more

05.23.2012

Updating Romania’s public debt management strategy, with an emphasis on limiting the annual rates and interests as share of the gross domestic product, stimulating authorized primary dealers to more

05.17.2012

Romania’s Finance Ministry on Thursday sold 698.5 million lei (EUR157 million) in five years bonds, slightly above the planned amount, at an average yield of 6.15% a year. more