03.02.2012

The Romanian Government is set to draft the legislation needed to protect elderly people, Labor Minister Claudia Boghicevici said Friday during a press conference to launch the European Year 2012 for more

03.01.2012

Romania’s Finance Ministry on Thursday sold 473.6 million lei (EUR109 million) in 10-year treasury bonds, slightly above the planned amount, at an average yield of 6.75% a year, lower than at the more

02.29.2012

Romania’s Finance Ministry plans to sell state paper worth 5 billion lei (EUR1.15 billion) in March, down from RON8.3 billion sold a month earlier, ministry data showed Wednesday. more

02.28.2012

Romania sold Tuesday $750 million in the reopening of a 10-year bond issue on the U.S. market, meeting a strong demand that pushed the yields lower to 6.45%, from 6.875% in the previous debt sale. more

02.28.2012

Romania has reopened a 10-year US dollar-denominated bond issue on the American market and set an initial price guidance of 6.5%, Finance Ministry data showed Tuesday. more

02.27.2012

Romania’s Finance Ministry on Monday sold a planned 500 million lei (roughly EUR115 million) in six-month treasury bills, at an average yield of 5.22% a year, lower than at the previous auction. more

02.27.2012

Bankers pumped another 5 billion lei (EUR1.15 billion) into the state’s coffers in January by buying government securities, while private-sector loans in local currency fell by EUR1 billion. Figures more

02.27.2012

The largest 15 companies controlled by the Economy Ministry posted 23 billion lei (EUR5.3 billion) in revenue last year, up 15% on 2010. The highest increases were those of the energy complexes in more

02.24.2012

Romanian Prime Minister Mihai Ungureanu has appointed Cristian Sporis as the new deputy finance minister, in charge of the state Treasury. more

02.24.2012

Romania’s consolidated budget posted a surplus of 1 billion lei (EUR229.9 million) in January, equal to 0.2% of the gross domestic product, the Finance Ministry said Friday. more

02.23.2012

Romania’s Finance Ministry on Thursday sold 122 million lei (EUR28 million) in 15-year bonds, below the planned amount, at an average yield of 6.98% a year. more

02.21.2012

Romanian oil company OMV Petrom (SNP.RO) on Tuesday announced it will give local authorities 5 million lei (EUR1.2 million) to buy emergency machinery and equipment. more

02.20.2012

Romania’s Finance Ministry on Monday sold two-year bonds worth 2.54 billion lei (EUR342 million), more than triple the planned amount, as yields fell by 0.5 percentage points from the previous more

02.17.2012

Romanian Prime Minister Mihai Ungureanu will appoint Cristian Sporis, head of the treasury department with Raiffeisen Bank, as the new deputy finance minister, people familiar with the matter said more

02.17.2012

By the middle of this year, the Health Ministry will put up for public debate a new healthcare bill; as consultations with the public opinion are fully under way, so all options on the future more

02.16.2012

Romania’s Finance Ministry on Thursday sold 500 million lei (roughly EUR115 million) in five-year bonds, above the planned amount, at an average yield of 6.75% a year, lower than at the previous more

02.13.2012

Romania’s Finance Ministry on Monday sold 1.5 billion lei (EUR345 million) in one-year treasury bills, almost double the planned amount, at an average yield of 5.8% a year. more

02.10.2012

Romania’s budget will focus on the support of economic growth through fiscal stability, as well as improved tax collection, the fair application of fiscal legislation and the prioritization of more

02.10.2012

Romania’s new Communications Minister Razvan Mustea has pledged to extend broadband internet access to all regions not served by internet providers by 2015, develop the e-portal for tax payment and more

02.06.2012

Romania’s Finance Ministry on Monday sold 1.85 billion lei (EUR427 million) in one-year treasury bills, above the planned amount, while the average yield fell slightly to 5.9% a year. more

02.03.2012

Romanian natural gas consumption is expected to drop by around 2.5 million cubic meters a day over the weekend, due to lower activity in the industry, the Economy Ministry said in a statement Friday. more

02.02.2012

Romania’s Finance Ministry on Thursday sold 1.3 billion lei (EUR299 million) in three-year bonds, above the planned amount, at an average yield of 6.79% a year, lower than at the previous auction. more

02.02.2012

Romanian natural gas consumption rose to yet another record of 72.7 million cubic meters a day Wednesday, from 71.5 million cubic meters in the previous day, while the freezing weather that has more

02.01.2012

Romanian natural gas consumption rose to a record 71.5 million cubic meters a day Tuesday, while companies are producing at full capacity to cover the increasing demand due to extremely cold weather, more

02.01.2012

Romania’s Finance Ministry attracted the highest financing offer in dollars ever registered by a country in the region. more