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Results 51 - 60 from 60 for "cut"

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  • Forests Cover Less Than 30% Of Romania

    10.04.2013

    The forest area in Romania stands at about 6.6 million hectares, covering 27% of the country. This puts it on the 13th place in Europe by volume and 26th as percentage of land area, according to a more

  • Foreign Banks Cut EUR8B From Lines Of Credit Since Pre-Crisis Peak

    10.01.2013

    The foreign funding of banks in Romania dropped to nearly EUR19 billion in August, which translates into a EUR2.6 billion decline in the past year and a EUR4.6 billion decline in the past two years, more

  • Ostahie: Central Bank’s Key Rate Cut Was Good, As It Revived Consumer Lending

    09.11.2013

    The Romanian central bank’s recent cut in its monetary policy rate triggered an increase in loan-based sales of electronics and IT products, one of the sectors that has been affected by the more

  • Garanti Bank Sees BNR Easing Key Rate By 75 Bps In 2013

    06.20.2013

    Garanti Bank estimates Romania’s central bank will likely reduce its key interest rate by 75 basis points this year amid improved inflationary expectations. more

  • Romanian To Cut Staff By 15% In Public Institutions’ Central Structures

    03.31.2013

    Downsizing public administration staff by 15% might also entail layoffs in the central apparatus of ministries, Romanian Finance Minister Daniel Chitoiu said Sunday. more

  • Retailers Say VAT Cut For Basic Food Will Reduce Shelf Prices

    08.09.2012

    The recent Government decision to cut the value added tax VAT for the basic food products to 9% as of 2013 will trigger lower shelf prices by the same percent, according to the Association of Large more

  • Romanian Employers Say VAT Cut For Basic Foods Will Reduce Prices By 15%

    07.24.2012

    The recent Government decision to cut the value added tax VAT for the basic food products to 9% as of 2013 will trigger a 15% price decrease for these products and a significant reduction of the tax more

  • Romania’s CNH To Cut Wages Of Top, Middle Management By 30%

    01.29.2012

    Managers and chief engineers with Romanian state-owned coal mining company CNH will have their wages cut by 30% come February 1, the company and its union decided Saturday. more

  • Franks, IMF: Would Have Waited A Few Months Before Slashing Rates

    11.08.2011

    Romania's central bank could have waited a few more months to see if the disinflation process takes hold before lowering its main interest rate, Jeffrey Franks, head of the IMF mission to Bucharest, more

  • Analysts React To BNR's Rate Cut Decision: Too Little, Too Late

    11.02.2011

    The central bank’s decision to cut its main interest rate by a quarter-point to 6% comes rather late and its effects on bank lending might pass unnoticed, analysts said. more

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