09.30.2011

Romania’s Finance Ministry plans to sell state paper worth 4.2 billion lei (roughly EUR965 million) in October, up from RON3.13 billion sold a month earlier, ministry data showed Friday. more

09.26.2011

Romania’s Finance Ministry on Monday rejected all bids in a 400 million lei (EUR93 million) six-month bills auction, citing high yields. more

09.22.2011

Romania’s Finance Ministry on Thursday sold 98.4 million lei (EUR22.8 million) in 10-year treasury bonds, well below the planned amount, while the average yield rose to 7.65% a year. more

09.21.2011

Porsche Finance Group on Wednesday said it has granted funding worth a total EUR73 million in the first six months of the year, up 15% on the same interval of 2010, helped mainly by the leasing more

09.21.2011

Romanian authorities are very likely to revise their economic growth forecast for 2012, factoring in the developments in the European Union countries, an official of the Finance Ministry said more

09.19.2011

Romania’s Finance Ministry Monday sold nine-month treasury bills worth 657.1 million lei (EUR153.5 million), above the planned amount, at an average yield of 6.74% on the year. more

09.16.2011

Romania's Finance Ministry is proposing a series of changes to public procurement procedure, with a view to eliminating blockage and red tape, and accelerating the absorption of structural funds, says more

09.16.2011

Romania’s Finance Ministry is analyzing the prospect of capping compensation awarded to former owners of property nationalized during the communist regime, considering that other solutions would more

09.16.2011

Romsys, one of the largest IT&C integrators in Romania, acquired by Austrian group New Frontier Holding from businessman Marius Cojanu in 2007, expects EUR46.2 million revenue this year, up 10% on more

09.15.2011

Romania’s Finance Ministry on Thursday sold 180.1 million lei (roughly EUR42 million) in three-year bonds, well below the planned amount, while the average yield rose to 7.49% a year. more

09.13.2011

Romania’s Regional Development and Tourism Ministry is in talks with the Finance Ministry to lower value added tax for tourism services to 9%, Tourism Minister Elena Udrea said Tuesday. more

09.12.2011

Romania’s Finance Ministry on Monday sold a planned 1.2 billion lei (EUR280 million) in one-year treasury bills, at an average yield of 6.76% a year, slightly higher than at the previous auction. more

09.05.2011

The Finance Ministry extended until September 20 the deadline for the selection of a legal adviser for the issue of US dollar notes on international markets. more

09.05.2011

Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR235 million) in one-year treasury bills, at an average yield of 6.73% a year, higher than at the previous auction. more

09.05.2011

The Romanian Finance Ministry is likely to accept higher yields to meet its current borrowing targets, after it failed to raise a planned 4 billion lei (EUR0.94 billion) at state auctions in August, more

09.05.2011

Romania's Finance Ministry wants to raise money from the U.S. market this fall by selling US dollar-denominated bonds in a bid to diversify attracted resources and also find other investors to support more

09.01.2011

Romania’s Finance Ministry on Thursday rejected all bids in a 500 million lei (EUR118.2 million) bond sale, citing high yields. more

08.31.2011

Romania’s public debt rose to 214.02 billion lei (EUR50.7 billion) in June, from roughly RON201 billion a month earlier, Finance Ministry data showed Wednesday. more

08.31.2011

Romania’s Finance Ministry is looking to hire a legal advisor to extend its medium term notes (MTN) program by including US dollar-denominated bonds, the ministry said in a statement Wednesday. more

08.29.2011

Romania’s Finance Ministry plans to sell state paper worth 4.7 billion lei (EUR1.1 billion) in September, up from roughly RON2.6 billion sold a month earlier, ministry data showed Monday. more

08.25.2011

Romania’s consolidated budget posted a deficit of 11.4 billion lei (EUR2.68 billion) in July, equal to 2.09% of the gross domestic product, roughly the same as in June, Finance Ministry data showed more

08.25.2011

Romania’s Finance Ministry on Thursday sold 226.5 million lei (EUR53.2 million) in 10-year treasury bonds, below the planned amount, while the average yield rose to 7.59% a year. more

08.22.2011

Romanian companies will pay social security contributions for their freelance staff, if these employees also have a work contract with the same company, as well as for freelance activities carried out more

08.22.2011

Romania’s Finance Ministry Monday rejected, for the first time since March, all bids in a 900 million lei (EUR211.2 million) one-year state paper auction, central bank data showed. more

08.18.2011

Romania’s Finance Ministry on Thursday sold a planned 600 million lei (EUR141 million) in three-year bonds, at an average yield of 7.34% a year, higher than at the previous auction. more