Results 201 - 225 from 231 for "debt"
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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
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Romania's Public Debt Nears RON201B In May
08.02.2011
Romania’s public debt rose to 200.6 billion lei (EUR47.3 billion) in May, from roughly RON195.5 billion a month earlier, Finance Ministry data showed Tuesday. more
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Romania Reconsiders Proprietatea Fund As Beneficiary Of $865M From Iraq’s Debt
07.28.2011
The Romanian government decided to pull investment fund Fondul Proprietatea (FP.RO) from a list of 26 beneficiaries of $977 million from Iraq’s outstanding debt to the state, citing procedural more
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Banks Have 2,000 Properties For Sale And Start To Cut Asking Prices
07.28.2011
Almost 2,200 homes and plots of land, as well as retail space and factories, are currently for sale on the websites of the largest local banks. The number of ads is more than double compared with the more
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Rompetrol Has Cleared Its Debt To Romania, Buyback Pending
07.19.2011
Rompetrol has extinguished any debt owed to Romania last year and it is currently under negotiations to buy out the government from Rompetrol Rafinare's (RRC.RO) shareholding structure, the oil more
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Enel Deplores EUR187M-And-Rising Debt Owed By CFR
07.14.2011
The debt owed by Romanian state-owned railway operator CFR to electricity distributor Enel stands at EUR187 million, Thursday said Enel Romania general manager Luca d'Agnese. more
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Attracted By High Yields, Foreign Investors Now Hold Over 15% Of Leu-Denominated Paper
07.07.2011
Foreign investors, mostly corporate entities, owned leu-denominated state paper worth nearly 9.2 billion lei (EUR2.2 billion), accounting for around 15% of the market volume. more
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Public Debt Slides To RON195.5B In April
07.01.2011
The public debt fell to 195.5 billion lei (EUR46.2 billion) in April, from roughly RON199 billion a month earlier, Finance Ministry data showed Friday. more
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State May Sell 45% In Rompetrol Rafinare On The Bourse If It Loses Case Against The Kazakhs
06.29.2011
Analysts expect the Romanian state to carry out a public sale offer on the bourse for its 45% stake in Rompetrol Rafinare (RCC.RO) if it fails to recover the EUR516 million historic debts from the more
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Short-Term Foreign Debt Swelling Again
06.22.2011
The short-term foreign debt (the amounts borrowed from abroad by the state, banks and private companies that need to be paid back over the next 12 months), which was the main vulnerability that sent more
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Romania Borrows EUR11.5B In Five Months To Keep Going
06.13.2011
The record-high EUR1.5 billion raised by the Finance Ministry last week from the foreign markets brings to over EUR4.5 billion the foreign currency debt accumulated by Romania since the beginning of more
