Results 151 - 175 from 221 for "debt"
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Romania's Public Debt Nears 40% Of GDP
05.22.2012
Romania’s public debt is approaching its sustainability limit, 40% of GDP, the maximum level accepted by investors. At the price of creating a liquidity buffer, the growth of the public debt was more
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Romania Ups 2012 Public Debt Forecast To 34.2% Of GDP
05.14.2012
The Romanian government revised upward its forecast on the public debt to 34.2% of the gross domestic product, from 33.9% of GDP previously, according to the country’s latest convergence program more
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Budget Deficit Target Already Under Threat As Public Debt Is Rising Fast
04.25.2012
Romania's budget deficit in the first two months was the same as in 2011, while public debt continued to rise fast because of the Finance Ministry's policy to borrow aggressively from markets for fear more
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Local Administration’s Debt Doubles In Three Years To EUR3B
04.24.2012
From next to zero ten years ago, the debt of the public administration has reached 13.7 billion lei (EUR3 billion), practically doubling in 3-4 years’ time. This deepens the public debt, which more
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Romania Less Likely To Default On Own Debt Vs Hungary, Spain
04.19.2012
Romania is a less risky debtor compared to more veteran EU members such as Spain, Italy or Hungary, but the country is still paying higher interest rates on its sovereign debt compared to the first more
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Banks Sold EUR700M Bad Loans To Debt Collectors In 2011
04.19.2012
Bankers sold non-performing loans worth EUR684 million in 2011 to firms specializing in debt collection, with most transactions being reported between September and December, as many banks sought to more
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Cemacon Seeks Advisor For Negotiations With BCR
04.12.2012
Romanian brick maker Cemacon (CEON.RO) could pay over EUR300,000 to a financial adviser in negotiations aimed at reducing the debt owed to lender BCR by some EUR10 million. more
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PCC Wants Updated Assessment Of Oltchim’s Debt To Romania
04.10.2012
German PCC SE, a large shareholder in Romanian chemical company Oltchim (OLT.RO), has requested an updated assessment of the company’s public debt to the state privatization authority AVAS, the more
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Romania Plans To Sell Up To RON14B Treasuries In 2Q
03.29.2012
Romania’s Finance Ministry plans to sell state paper worth between 12 billion lei (EUR2.7 billion) and 14 billion lei (EUR3.2 billion) in the second quarter, half the value of treasury issuances in more
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Romania Plans To Sell RON4.25B Treasuries In April
03.29.2012
Romania’s Finance Ministry plans to sell state paper worth 4.25 billion lei (EUR970.6 million) in April, down from RON7.86 billion sold in the previous month, ministry data showed Thursday. more
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Government Postpones Canceling CFR SA's Debts To State Budget
03.27.2012
Romania's Government has decided to delay converting the debts of railway administrator CFR SA, amounting to some 3.99 billion lei (EUR917 million) at the end of last year, into shares, following a more
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Most Indebted Companies On The Stock Exchange
03.21.2012
The cumulated debts of listed companies went up from 25 billion lei (EUR5.7 billion) at the end of 2008 to RON34 billion (EUR7.7 billion) at the end of 2011. During the same period the companies’ more
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Individual And Corporate Debtors Are More Exposed To Leu Depreciation Than In 2008
03.19.2012
Romania’s exposure to foreign currency loans, the country’s biggest vulnerability, has increased instead of falling in the three years since the start of the international financial crisis. more
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Marisa Drew, Credit Suisse: Financing Will Be There For RCS&RDS But Will Likely Be Somewhat More Costly
03.13.2012
RCS&RDS, the largest telecom operator controlled by a Romanian entrepreneur, with revenue estimated at $800 million in 2011, will not have trouble finding financing to roll over its debt but it will more
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EU Clears Romanian Oltchim’s Debt-Swap Deal
03.08.2012
The European Commission has authorized Romania’s planned debt-to-equity conversion of public debt amounting to around EUR135 million for chemical producer Oltchim SA (OLT.RO), state officials said more
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Liquidator CITR Manages Companies With EUR1.9B Debts, EUR430M Assets
02.29.2012
Companies managed by liquidator Casa de Insolventa Transilvania (CITR) have debts worth a total EUR1.9 billion and assets evaluated at EUR430 million, according to company co-founder Andrei Cionca. more
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Deutsche Bank: European Bank Deleveraging, Long-Term Threat For Romania
02.22.2012
The European bank deleveraging in Romania and the escalation of the sovereign debt crisis are the external risks Romania will continue to face, warn the analysts of Deutsche Bank, the largest German more
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Romanian Banks' External Debt Stood At EUR23B In 2011
02.20.2012
Bank external debt at the end of 2011 was at a level comparable to that at the end of 2010. Long-term debt decreased by around EUR300 million, but short-term debt climbed significantly. This indicates more
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Central Bank Chief Insists Romania Must Increase Its Presence In Foreign Debt Markets
02.08.2012
Romania must sell bonds on international markets on a regular basis to increase its credibility and avoid potential ugly moments when “blood-thirsty” markets go after desperate governments, more
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Eurostat: Romania Government Debt Down To 33.3% Of GDP In 3Q/2011
02.06.2012
Romania’s government debt relative to the gross domestic product fell to 33.3% at the end of the third quarter in 2011, from 34.3% of GDP a quarter earlier, official data showed Monday. more
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Basescu: Romania Has Lowest Per-Capita Debt In EU
01.31.2012
Romanian President Traian Basescu said Tuesday Romania has the lowest debt per capita in the European Union, of EUR4,570. more
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Romania Plans To Sell RON5B State Paper In February
01.31.2012
Romania’s Finance Ministry plans to sell state paper worth 5 billion lei (EUR1.15 billion) in February, compared with RON9.9 million sold in the previous month, ministry data showed Tuesday. more
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Money Is Cheaper On Interbank Market, But When Will Loan Installments Go Down?
01.27.2012
The costs at which banks borrow from one another have fallen significantly in the past few weeks thanks to the abundant liquidity on the interbank market and clients whose interest rates are being more
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Oltchim To Work On Debt Payment Schedule With Electrica
01.19.2012
Romanian chemical company Oltchim (OLT.RO) Thursday said it will establish a payment schedule for its debt to energy supplier Electrica, a day after the latter has terminated an agreement signed in more
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Government Wants To Convert CFR’s EUR1B Debt Into Shares
01.16.2012
The debts of Romanian state-owned railway administrator CFR SA to the state budget and the risk fund, amounting to 4.5 billion lei (over EUR1 billion) at the end of 2011, will be written off by the more
