Results 251 - 275 from 291 for "debt"
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Consequences Of Romania’s Failure To Borrow Money From The US Market
11.22.2011
The pressure on leu interests will go up again and the government will remain trapped in short-term funding on the local market. In a worst case scenario, Romania might end up borrowing money from the more
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DTZ: Romania’s Real Estate Debt Funding Gap At $2B
11.15.2011
The debt funding gap on commercial real estate in Romania stagnated at some $2 billion in the first nine months, namely 5% of the overall investment, a percentage similar to the one in UK, but lower more
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Nokia Working With Authorities In Tax Debt Issue
11.11.2011
Officials with Nokia Romania said Friday they are working with authorities to analyze the situation and reach a satisfying outcome after the tax authority impounded its assets over a $10 million debt more
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Romanian Customs Chief Says Nokia Breached Legislation Demanding Tax Exemptions
11.11.2011
Finnish mobile giant Nokia breached legislation by requiring tax exemptions for imports of electronic parts although the products were already assembled and came from outside the EU from countries more
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Romanian Tax Authority Impounds Nokia’s Romanian Assets For $10M Debt
11.11.2011
Romania’s tax authority ANAF impounded Nokia’s assets in Jucu, northwestern Romania, for a $10 million debt the Finnish mobile giant has amassed in unpaid custom taxes, ANAF chief Sorin Blejnar more
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GfK: More Than Half Of Romanians Have Trouble Paying Bills, A Quarter Are In Debt
11.10.2011
More than half of Romanians (56%) say they barely manage to cover their current expenses and almost a quarter (24%) say they are in debt, according to a study by GfK Romania, which points out that more
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Isarescu: Romanians Don’t Take Their Debt Seriously
11.09.2011
Romanians should be aware that they are responsible for some of the country’s foreign debt of EUR90 billion, central bank governor Mugur Isarescu said Wednesday. more
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Senate To Analyze Notice On German Historic Debt To Romania
10.31.2011
The Romanian Senate's leadership on Monday took note of a letter reporting the existence of a German historic debt to Romania and a special committee will be set up to analyze the issue, said Senate more
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Romania's Public Debt Widens To RON207.6B In August
10.31.2011
Romania’s public debt rose to 207.57 billion lei (EUR48 billion) in August, from RON204.63 billion a month earlier, Finance Ministry data showed Monday. more
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What Romania Must Learn From The Sovereign Debt Crisis: Keep Public Debt Under Control
10.31.2011
From 2005 until 2010 Greece’s public debt as a percentage of GDP grew from 100% to 150%. In less than a year, the debt went up by a further ten percent, and is currently at 160% of GDP, which more
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Romanian Govt Gives RON315M To Local Authorities To Pay Off Heating Bills
10.28.2011
Romania’s Government has assigned an extra 315 million lei (EUR73 million) to local authorities in 36 localities to help them pay off debts to heat suppliers, the Governments aid in a press release. more
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Romania Enjoys Lower Borrowing Costs Than Italy, Hungary
10.25.2011
Romania pays similar interest rates on its sovereign bonds as Spain and is perceived as less risky than Italy or Hungary, but trades outside neighbor Bulgaria. more
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Can The Finance Ministry Keep Interest Spending Under Control?
10.25.2011
The government’s interest spending, which has tripled in the last three years, will continue to rise, making it into an important risk factor for fiscal control. Payment obligations will increase more
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Bank Debtor Profile: Bucharest Male, 30-34, Holder Of A Leu Loan
10.18.2011
A typical debtor to a bank is male, aged 30 to 34 years, lives in Bucharest and holds a loan in lei, according to data from the Credit Bureau, the institution that collections information on loans to more
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Inefficient Administration Causes Romania EUR1.3 Billion Losses Every Month
10.11.2011
The flawed state management translates into losses of EUR1.3 billion each month (EUR18 billion per year) as Romania lacks three main abilities: the skill to attract EUR400 million that it should take more
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Debt Collector Kruk: Smaller Banks Sell Troubled Loans To Focus On New Loan Sales
10.10.2011
Second tier banks, which used to deal with non-performing loans on their own, are now selling their receivables to specialized debt collectors so as to be able to move employees handling collection to more
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UniCredit: Romania’s Funding Needs To Leap By 34% Next Year
10.05.2011
Romania’s funding needs will remain high next year, as UniCredit analysts estimate it will reach EUR22.4 billion, EUR5.7 billion (34%) higher than this year. more
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Romania To Partly Extinguish The Fiscal Debts Of CFR, CNH, Termoelectrica
10.04.2011
The Government has enabled fiscal watchdog ANAF to take over assets from mining company CNH and stock from state-owned companies CFR and Termoelectrica, in a bid to reduce the debts owed by these more
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Croitoru, BNR: Romania Should Put Debt Cap In Constitution
10.04.2011
Romania must balance its fiscal policy better and put a constitutional cap on the public debt, a central bank official said Tuesday. more
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SNLO's Receivables Higher Than Debts
09.08.2011
Romanian state-owned mining company SNLO has a debt of 300 million lei (around EUR71 million) to suppliers and to the state budget, while receivables reach RON500 million, general manager Daniel more
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Romania's Public Debt Widens To RON214B In June
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
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Oltchim Asked To Discuss Interest Rate For Aid Refund
08.17.2011
The Romanian government asked state-owned chemical company Oltchim (OLT.RO) to agree with privatization authority AVAS on an interest rate for the EUR134 million it owes as state aid refund. more
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Romanian Government Replaces Banks As Short-Term External Debt Driver
08.16.2011
The Romanian government doubled its short-term external debt in the first half of the year to over EUR3 billion, triple compared to last summer, while banks’ indebtedness rose by just EUR360 million more
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CNH Debt To Budget Widens To RON4.6B In 1H
08.10.2011
Romanian state-owned coal mining company CNH’s total debt to the government budget widened 13% to 4.67 billion lei (EUR1.1 billion) in the first half of 2011, the country’s fiscal authority ANAF more
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Boagiu Says Energy Companies Overcharge CFR
08.05.2011
Romanian Transport Minister Anca Boagiu Friday lashed out at power companies, accusing them of overcharging the state-run rail company CFR SA, whose total electricity bill has reached 1.98 billion lei more