21 mai 2014

The loan IFC, the World Bank’s investment arm, granted to Czech-held APS Holding for the takeover of NPLs in Romania is likely to be used by the company for the purchase of three or four portfolios, more

13 mai 2014

Banca Transilvania (TLV.RO) is in talks to buy a bank or a portfolio, with a possible deal set to be sealed if it brings added value and if it is related to the retail or SME segment, states Omer more

9 mai 2014

The foreign banks that participated in the Vienna Initiative and that hold around two thirds of the Romanian banking system's assets narrowed their exposure to local subsidiaries by 20% between March more

7 mai 2014

The latest March data show a rebound in lending, yet the rebound is not that strong, as the ‘divorce’ of banks and companies is still dominant. more

1 mai 2014

Romania set out to adopt the euro in 2019, when it will assume the EU presidency for the first time, Prime Minister Victor Ponta said on Wednesday. more

29 apr 2014

The Finance Ministry has almost EUR8 billion left to repay of the about EUR20 billion record loan it took out together with the central bank from international financial institutions in 2009 by 2023. more

28 apr 2014

Romania could see a rating upgrade from Moody’s if a pronounced acceleration in gross domestic product growth occurs without a widening of macroeconomic imbalances, along with a greater efficiency more

25 apr 2014

Romanian financial analysts’ confidence increased in March after improved expectations about the economy's performance over the next twelve months, confirming positive forecasts of other economists more

18 apr 2014

Having just returned from a trip to Washington where he met with the officials of the S&P and Moody’s ratings agencies, Budget Minister Liviu Voinea says chances are Romania will get a rating more

11 apr 2014

The good news from most macroeconomic indicators in the first two months of the year is making analysts change their full-year gross domestic product growth forecast towards 3% to 3.5%. more

10 apr 2014

The Finance Ministry reaffirmed in the public debt management strategy its intention to consider the opportunity of issuing “specific securities for the population”. The objective was also more

8 apr 2014

The Romanian state is set to cover part of salary expenses for around 1,500 companies that should create a total of 30,000 new jobs within a seven-year period, with the budget of the new state aid more

4 apr 2014

Romania needs to stimulate its economic growth to reach rates of 5% to 6% a year in order to converge with the living standards of the European Union. It also needs to continue structural reforms in more

1 apr 2014

Romania’s accession to the North Atlantic Treaty Organization (NATO) on April 2 ten years ago turned out to be very important for the Eastern European country's economy, not only for its security. more

24 mar 2014

The Romanian Government continued to borrow cheaper in the first quarter of 2014, with state paper yields hitting a fresh all-time low during this period. more

24 mar 2014

The market is flush with cash and its price has never been so low. Thus, the Romanian market is not having a cash issue now, but it’s coping with a loan demand shortage. On the other hand, bonds more

12 mar 2014

The taxation system is one of the essential factors analyzed when companies decide to do business and invest in a country and if the VAT is 24% and investors pay 24% more because of this tax, then VAT more

17 feb 2014

Agriculture generated almost half of Romania’s surprising economic growth of last year, 3.5%, after the gross value added in the farming sector increased by 23% year-on-year, according to Eurostat. more

11 feb 2014

Goldman Sachs, the most influential US investment bank, is paying more attention to Romania and has assigned an analyst to review its economy based on macroeconomic indicators for the first time in more

3 feb 2014

Banks will stand to gain an additional EUR80 million to EUR100 million in fees from people buying homes or from retailers of furniture, cars and other items that cost more than 10,000 lei (about more

16 ian 2014

US and UK investors bought 82% of the $1 billion bonds maturing in 30 years that Romania issued on Tuesday. Its dollar-denominated bonds also attracted German, Austrian and Romanian investors. more

15 ian 2014

The dollar-denominated bond issue maturing in 30 years that Romania launched on Tuesday is a first for the country, which had been previously unable to borrow for such a long term due to the high more

10 dec 2013

The Romanian Government has extended until June 2013 the validity of two government decisions, allowing private-sector companies to access state aid worth almost EUR440 million. more

9 dec 2013

Bankers have been demoted from among the top earners in the Romanian economy in 2012, after they had dominated the ranking of salary earnings during the years of economic growth. more

3 dec 2013

Romania expects VAT collection to rise by just 3.4% in 2014, up to RON54.6 billion, while total budget revenues are expected to go up by nearly 5% to RON216.8 billion. These forecasts, included in the more