Results 776 - 800 from 850 for "budget"
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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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EU Budget For 2014-2020 Allots Substantial Funds For Less Developed Regions – Romanian MEP
10.06.2011
Romanian MEP Petru Luhan (PDL) said Thursday the European Union's budget for 2014-2020 will allot substantial funds to less developed regions, including Romania, with the exception of Bucharest and 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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Senate Approves 2012 Draft Budget Of RON107M
10.03.2011
The Romanian Senate on Monday approved its next year’s draft budget, which is 20 million lei (about EUR4.62 million) higher than the sum proposed by the Government. more
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Romania Needs Additional Budget Cuts With Lower GDP Growth Forecast
10.03.2011
Romania’s Finance Ministry is getting ready to redo next year’s budget draft after the International Monetary Fund has announced the halving of the economic growth forecast to about 2%, and state more
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EximBank 3-Year Dividends To Be Paid To State Budget
10.01.2011
Romania's Government has decided to transfer the state's stock in EximBank from under the management of the State Privatization Authority (AVAS) to that of the Ministry of Finance and the earnings more
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Can A VAT Cut Be Considered When Drafting The 2012 Budget?
09.27.2011
The first discussions on the draft budget for 2012 bring about the first scenarios. The Government is due to send the draft budget for 2012 to Parliament by October 15th, at a time when economic more
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Romania Budget Deficit Widens To RON12.9B In August
09.26.2011
Romania’s consolidated budget posted a deficit of 12.97 billion lei (EUR3.01 billion) in the first eight months, equal to 2.4% of the gross domestic product, Finance Ministry data showed Monday. more
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A Budget Deficit Close To Zero May Be Romania’s Best Defense Against International Turmoil
09.23.2011
The persistence of the crisis for several years is not an impossible scenario and it could force the Romanian government to discuss the budget deficit level again and even try to bring it down as more
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Mission-Impossible For 2012: Deficit Control In The Absence Of EU Funds
09.22.2011
There are about three weeks left until government needs to send next year’s budget to the Parliament, but the Finance Ministry still does not know what macroeconomic indicators to use in 2012 and more
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Health Ministry Budget Raised By RON150M - Draft
09.15.2011
The Romanian Health Ministry's budget might be increased by 150 million lei (EUR35 million), from the Government's reserve fund, to fund unpaid drugs and sanitary items, according to a draft decision more
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BNR Official: Budget Gap To Miss 2012 Target, Even In Best-Case Scenario
09.10.2011
Romania's budget deficit next year will exceed the target of 3% of GDP, even in an optimistic scenario in which the economy would grow by 4%, says central bank chief-economist Valentin Lazea. more
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CFR SA's 2011 Loss Reduced To Less Than Half In Revised Budget
09.10.2011
Romania's Transport Ministry wants to revise the 2011 budget of state railway company CFR SA, reducing its losses to less than half the initial estimate, i.e. to 350 million lei (EUR82 million) from more
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Tarom's Investment Budget Reduced 70%, To RON65M
09.10.2011
The revised budget of Romanian state airline Tarom reduces its investment finances by 70% compared to the value approved earlier in the year, down to 65 million lei (EUR15 million) from RON138.27 more
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Romania To Raise Subsidy For CFR Calatori By 34%
09.09.2011
Romania's Transport Ministry will ask the Government to increase the subsidy provided to state-owned railway company CFR Calatori by 34.3% compared to the value approved in April, to 1.37 billion lei more
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CFR Marfa's 2011 Loss More Than Doubles, To RON192M
09.09.2011
The losses of state-owned railway company CFR Marfa will increase 2.3 times this year, to 192 million lei (EUR45 million) from RON81.2 million, because the Government has not raised its capital, says more
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CNADNR's Investment Budget Raised 26% To RON7.6B
09.09.2011
Romania's Transport Ministry will ask the Government to raise the national road company's investment budget by 26%, to 7.59 billion lei (EUR1.78 billion), mainly for the Transylvania and more
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Romania’s July Budget Gap Stays At RON11.4B, 2.09% Of The GDP
08.25.2011
Romania’s consolidated budget posted a deficit of 11.4 billion lei (EUR2.68 billion) in July, equal to 2.09% of the gross domestic product, roughly the same as in June, Finance Ministry data showed more
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Boc Asks Ministries Outside Fiscal Strategy For 2012 Expense Estimates
08.24.2011
Romanian Prime Minister Emil Boc on Wednesday asked the ministries not included in the 2012-2014 fiscal strategy to present their own expense estimates for 2012, which will be used in drafting the more
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Erste: We Financed Your Deficit Because We Had A Strategic Interest In Romania
08.16.2011
The strategic interest of Austria’s Erste Group in Romania allowed the government to get financing at good rates, says Manfred Wimmer, chief financial officer of Austrian group that controls BCR, more
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Fiscal Council Denounces Government’s Fiscal Strategy Again
08.12.2011
The fiscal-budgetary strategy does not evaluate the risks that could affect macroeconomic and budget indicators, does not specify adjustment measures and does not give reasons for personnel expense more
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Fiscal Council: 2012 Budget Gap Target Difficult To Achieve
08.11.2011
Romania’s 2012 budget deficit target of 3% of the gross domestic product will be “very difficult to achieve”, particularly since the fiscal strategy doesn’t factor in the situation of 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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Transport Ministry Sees Privatization Revenues Triple To RON50M
08.09.2011
The Romanian Transport Ministry will revise its privatization budget this year and expects it will obtain revenues of 52.5 million lei (about EUR12.3 million), mainly from dividends, triple compared more
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Boc: Government To Determine Value, Payment Plan For Court-Won Wage Rights By September
08.07.2011
The Romanian Government will deterimine by September the sum to be paid next year to public sector employees who won salary rights in court, and will set a payment schedule for the coming years, so more