Results 201 - 225 from 291 for "debt"
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CNADNR’s Debts To Constructors To Be Paid In Tranches
10.22.2012
The 1.3 billion lei (EUR284 million) debts of Romanian national roads authority CNADNR to road constructors will be paid in tranches, and the payment calendar has yet to be decided, Prime Minister more
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Romanian Debt Collection Market Falls 35% In 1H, To EUR615M
10.16.2012
The Romanian debt collection market stood at EUR615 million in the first half of 2012, down 35% compared with the same period a year ago, the Debt Management Service Association (AMCC) said Tuesday. more
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Romanian Constructor Confort Goes Insolvent
10.12.2012
Construction company Confort, part of Izometal Confort owned by businessman Georgica Cornu, has filed for insolvency prompted by arrearage. more
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Foreign Banks Cut Exposure To Romania Debt By EUR200M In 1H
10.05.2012
The exposure of the European banks to Romanian government paper dropped by EUR190 million in the first half, because of the pressure created by the need for capital and Romanian political scene more
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Alpha Bank Loses Patience With Two More Customers
10.05.2012
Alpha Bank has lost patience with the large customers not repaying their loans and has resorted more and more often to petitioning the court for their insolvency. The latest two such petitions were more
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Romania Public Debt Widens To RON236.7B In July
09.20.2012
Romania’s public debt rose to 236.69 billion lei (EUR52.5 billion) in July, from RON232.17 billion a month earlier, Finance Ministry data showed. more
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Tourism Ministry Pays Off Debts To German Tour Operators
09.10.2012
Romania’s Tourism Ministry said Monday it paid off a EUR287,500 overdue debt to German travel companies TUI, Dertour, ITS, ITS Stadtereisen, Frosch and Neckermann (Thomas Cook) for services more
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AVAS Allowed To Take Over Fortus Iasi Debts
09.05.2012
Romania’s Government on Wednesday allowed privatization authority AVAS to take over the debts of industrial platform Fortus Iasi, Prime Minister Victor Ponta said Wednesday. more
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Finance Ministry Plans Spending Restrictions If Public Debt Exceeds Certain Levels
07.26.2012
Romania's Finance Ministry wants to introduce certain spending restrictions to take effect automatically when the net public debt goes over 35%, 40%, or 45% of the GDP, said state secretary Liviu more
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Romania Public Debt Widens To RON237.7B In May
07.24.2012
Romania’s public debt rose to 237.76 billion lei (EUR51.2 billion) in May, from RON236.65 billion a month earlier, Finance Ministry data showed. more
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CEZ Romania: CFR Paid Off Its Debt; Late Payment Penalty Charges Waived
07.17.2012
Power company CEZ Romania Tuesday said state-run rail company has paid off its debt of over 250 million lei (EUR54.76 million) accumulated over the past five years, but that it had to forgo all more
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Firms That Pay Off Debts To State Budget In Sept-Dec Won’t Pay Penalties
07.16.2012
Romanian firms that have debts to the state budget will be exempted from paying penalties if they pay off the debt and the late payment interest between September 1 and December 31, 2012, Prime more
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Public Debt Strategy: Finance Ministry Wants To Borrow EUR7.2B From External Market Over 3 Years
07.16.2012
The government’s foreign currency public debt will not exceed 50% of the total and the annual debt service will not go beyond 10.5% of gross domestic product by 2014, according to the strategy of more
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Mitre Building Construction Files Insolvency Claim Against Cocor Bucuresti
06.18.2012
Firm Mitre Building Construction on Monday filed an insolvency claim with the Bucharest Court against shopping center operator Cocor SA Bucuresti (COCR.RO) for unpaid bills of about 120,000 lei (some more
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Romania's Public Debt Widens To RON236.7B In April
06.15.2012
Romania’s public debt rose to 236.65 billion lei (EUR53 billion) in April, from RON235.17 billion a month earlier, according to data posted on the Finance Ministry's website. more
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CFR Gets State Loan To Pay Debts To Energy Suppliers
06.06.2012
Romania's Government will give national railway company CFR a loan to pay its debts to the private energy suppliers, a decision taken with the International Monetary Fund's consent. more
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Government Allows Posta Romana To Reschedule Debts To State Institutions
05.30.2012
Romanian state-owned postal company Posta Romana was allowed to rethink the payment of debts to state institutions to avoid entering insolvency, according to a decision approved by the Government more
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CFR To Get State Loan For Paying Debts To Energy Suppliers
05.28.2012
Romania's Government will give national railway administrator CFR a loan to pay its arrears to the private energy suppliers and will issue an ordinance whereby CFR will pay only the principal on its more
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Treasury Chief Says New Debt Management Plan To Cap Annual Cost Of Public Debt Service
05.23.2012
Updating Romania’s public debt management strategy, with an emphasis on limiting the annual rates and interests as share of the gross domestic product, stimulating authorized primary dealers to more
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Romania To Reduce Subsidy For Farmers With Debts To Agency Of State Domains
05.22.2012
Romania's Government plans to reduce the subsidies provided to farmers with debts to the Agency of State Domains (ADS), rather than wait to recoup the 100 million lei (EUR22.5 million) liability in more
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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