01.17.2012

Economic-financial inspections at Romanian state-owned companies will check the steps taken by the management to bring in revenue, and reduce expenses and arrears, says a Government decision drafted more

01.16.2012

Romania’s Finance Ministry on Monday sold 3.46 billion lei (EUR797 million) in one-year treasury bills, more than double the planned amount, while the average yield fell slightly to 6.21% a year. more

01.12.2012

Romania’s Finance Ministry on Thursday sold 917.2 million lei (EUR211 million) in three-year bonds, above the planned amount, at an average yield of 6.95% a year, lower than at the previous auction. more

01.10.2012

Over 40,000 former owners have been left stranded after the Romanian government ran out of Fondul Proprietatea (FP.RO) shares and don’t know how they will be compensated for being stripped off their more

01.09.2012

Romania’s Finance Ministry on Monday sold 2.38 billion lei (EUR546 million) in one-year treasury bills, almost double the planned amount, at an average yield of 6.23% a year, lower than at the more

01.05.2012

Romania’s Finance Ministry on Thursday sold two-year bonds worth 1.48 billion lei (EUR342 million), double the planned amount, in the first debt sale of the year, at an yield slightly lower than at more

01.04.2012

The stock exchange started the year on Wednesday and investors hope to leave behind the unpleasant memory of the 2011 losses as soon as possible. But brokers are not very optimistic about the more

01.04.2012

A EUR700 million eurobond, almost EUR800 million worth of bonds issued on the domestic market, as well as the first larger installment on the giant loan from the International Monetary Fund and the more

01.04.2012

Mutual fund managers expect 2012 to be a much better year for the Bucharest Stock Exchange than 2011, predicting a moderate growth of 15% for the BET index and of 30% for BET-FI. However, they more

12.28.2011

The Romanian Government rejected local authorities’ proposition to raise local taxes by up to 50% next year, Finance Minister Gheorghe Ialomitianu said Tuesday evening. more

12.28.2011

Ford Romania, the second-largest car manufacturer present in Romania, which owns the Craiova plant, will receive the state aid that the Romanian government has committed to only when the American more

12.27.2011

Romania’s Finance Ministry negotiates issuing 15-year bonds on the domestic market, while planning two road-shows for foreign investors next year, state secretary Bogdan Dragoi said Tuesday. more

12.27.2011

Romania’s Finance Ministry plans to sell state paper worth between 14 billion lei (EUR3.2 billion) and RON16 billion in the first quarter of 2012, according to an announcement posted Tuesday on the more

12.27.2011

Romania’s consolidated budget posted a deficit of 16.9 billion lei (EUR3.9 billion) after the first 11 months, equivalent to almost 3% of the gross domestic product, a Finance Ministry official said more

12.22.2011

Romania’s Finance Ministry on Thursday sold 405 million lei (EUR94.16 million) in 10-year treasury bonds, above the planned amount, while the average yield fell to 7.25% a year. more

12.21.2011

Romanian government Wednesday authorized the Finance Ministry to sell at auction its carbon credits granted by the Kyoto committee, the executive said in a statement. more

12.19.2011

Romania’s Finance Ministry on Monday sold 1.71 billion lei (EUR397 million) in one-year treasury bills, above the planned amount, at an average yield of 6.55% a year, lower than at the previous more

12.19.2011

The Finance Ministry will expand maturities of government securities, according to the requests of institutional investors and can even launch “specific instruments,” according to investor more

12.16.2011

Romanian plastic systems maker Romcarbon Buzau (ROCE.RO) plans to draw capital for the development of activity at three firms where it holds stock in association with investment fund South Eastern more

12.13.2011

Romania’s Parliament on Tuesday adopted the 2012 budgets of the ministries of Finance, Justice, Defense, Interior and Labor, in the format approved by the budget and finance committees. more

12.12.2011

Romania’s Finance Ministry on Monday sold 1.42 billion lei (EUR327 million) in 11-month treasury bills, above the planned amount, at an average yield of 6.6% a year. more

12.08.2011

Romania’s Finance Ministry on Thursday sold 743.4 million lei (EUR171.1 million) in two-year bonds, slightly above the planned amount, at an average yield of 7.15% a year, lower than at the previous more

12.08.2011

Romanian Finance Ministry has a liquidity buffer of over EUR3 billion which can be accessed if the country’s borrowing costs climb too much, people familiar with the matter said Thursday. more

12.05.2011

Romania's Finance Ministry will withdraw its proposal to tax small agricultural producers and will work with the Agriculture Ministry to prevent tax evasion in farming, Finance Minister Gheorghe more

12.05.2011

Romania’s Finance Ministry on Monday sold 1.065 billion lei (EUR244 million) in seven-month treasury bills, slightly above the planned amount, at an average yield of 6.6% a year. more