06.25.2012

Former Orange Romania CEO Richard Moat has been appointed to the board of International Personal Finance, the parent company of Provident Financial Romania, as a non-executive director. more

06.22.2012

Romania's Finance Ministry plans to reopen this year a ten-year Eurobond maturing in 2018, through which it attracted EUR750 million in July 2008. more

06.21.2012

Romania’s Finance Ministry on Thursday sold 94 million lei (EUR21 million) in four-year bonds, less than a quarter of the planned amount, at an average yield of 6.28% a year, central bank data more

06.18.2012

Romania’s Finance Ministry on Monday rejected all bids at an one-year treasury-bills auction, citing unacceptable yields. more

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

06.14.2012

Romania’s Finance Ministry on Thursday sold 465.8 million lei (EUR104.5 million) in two-year bonds, below the planned amount, as the average yield rose to 5.82% a year. more

06.13.2012

Yields on government bonds have risen again in the past few weeks as has Romania’s CDS, as well as interest rates on the interbank market. This at a time when risk aversion in Europe is on the rise more

06.11.2012

Romania’s Finance Ministry on Monday sold 506.8 million lei (EUR113.6 million) in one-year treasury bills, half the planned amount, as the average yield rose to 5.29% a year from a record low of more

06.07.2012

Romania’s Finance Ministry on Thursday sold 336.4 million lei (EUR75 million) in two-year bonds, half the planned amount, at an average yield of 5.73% a year, slightly higher than at the previous more

05.30.2012

Romania’s Finance Ministry plans to sell state paper worth 3.5 billion lei (EUR784.4 million) in June, close to the RON3.54 billion amount sold a month earlier, ministry data showed Wednesday. more

05.24.2012

Romania’s Finance Ministry on Thursday sold 417.2 million lei (EUR93.4 million) in seven-year bonds, slightly below the planned amount, at an average yield of 6.4% a year. more

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

05.17.2012

Romania’s Finance Ministry on Thursday sold 698.5 million lei (EUR157 million) in five years bonds, slightly above the planned amount, at an average yield of 6.15% a year. more

05.17.2012

Porsche Finance Group on Thursday announced it had granted funding worth a total EUR33 million in the first three months of the year, up 27% on the same interval of 2011. more

05.14.2012

Romania’s Finance Ministry on Monday sold 335.4 million lei (EUR75.6 million) in two-year bonds, below the planned amount, while the average yield was virtually unchanged at 5.53% a year. more

05.10.2012

Romania’s Finance Ministry on Thursday sold 1.34 billion lei (EUR303 million) in four-year bonds, above the planned amount, at an average yield of 6.09% a year, central bank data showed. more

05.07.2012

Romania’s Finance Ministry on Monday sold a planned 750 million lei (EUR170.2 million) in one-year treasury bills, while the average yield was flat at a record low of 5.02% a year, central bank data more

05.07.2012

Romania's joint Parliament committees on Monday endorsed Florin Georgescu for the office of Minister of Finance and deputy prime minister, with 28 votes for and six against. more

04.27.2012

Romania’s Finance Ministry plans to sell state paper worth 3.8 billion lei (EUR865.6 million) in May, down from RON4.9 billion sold a month earlier, ministry data showed Friday. more

04.27.2012

The spectacular rise of collection from the corporate tax and the higher amount attracted to the budget in March from individual income taxes contributed to the rise of budget revenues by 16.2% more

04.26.2012

Romania’s Finance Ministry on Thursday sold 226 million lei (EUR51.6 million) in 15 years bonds, slightly above the planned amount, at an average yield of 6.58% a year, central bank data showed. more

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

04.19.2012

Romania’s Finance Ministry on Thursday sold 625 million lei (EUR142.8 million) in five years bonds, slightly above the planned amount, at an average yield of 6.14% a year, central bank data showed. more

04.12.2012

Dragos Doros, formerly director within Romania's Finance Ministry and currently partner in the tax department of law firm Nestor Nestor Diculescu Kingston Petersen, returns to the Finance Ministry as more

04.12.2012

Romania’s Finance Ministry on Monday sold a planned 800 million lei (EUR182.9 million) in two-year bonds, at an average yield of 5.5% a year, slightly lower than at the previous auction. more