12.13.2011

Romania’s Parliament on Tuesday adopted the 2012 budgets of the ministries of Finance, Justice, Defense, Interior and Labor, in the format approved by the budget and finance committees. more

12.12.2011

Romania’s Finance Ministry on Monday sold 1.42 billion lei (EUR327 million) in 11-month treasury bills, above the planned amount, at an average yield of 6.6% a year. more

12.08.2011

Romania’s Finance Ministry on Thursday sold 743.4 million lei (EUR171.1 million) in two-year bonds, slightly above the planned amount, at an average yield of 7.15% a year, lower than at the previous more

12.08.2011

Romanian Finance Ministry has a liquidity buffer of over EUR3 billion which can be accessed if the country’s borrowing costs climb too much, people familiar with the matter said Thursday. more

12.05.2011

Romania's Finance Ministry will withdraw its proposal to tax small agricultural producers and will work with the Agriculture Ministry to prevent tax evasion in farming, Finance Minister Gheorghe more

12.05.2011

Romania’s Finance Ministry on Monday sold 1.065 billion lei (EUR244 million) in seven-month treasury bills, slightly above the planned amount, at an average yield of 6.6% a year. more

11.29.2011

Porsche Finance Group Romania on Tuesday announced it has appointed Alexander Nekolar as chief executive officer, replacing Kurt Leitner who was transfered to a new position within the Porsche Group. more

11.29.2011

Romania’s Finance Ministry plans to sell state paper worth 4.5 billion lei (EUR1.03 billion) in December, up from RON3.93 billion sold a month earlier, ministry data showed Tuesday. more

11.28.2011

Romania’s Finance Ministry on Monday sold 249.1 million lei (EUR57.12 million) in one-year treasury bills, lower than the planned amount, at an average yield of 6.65% a year. more

11.21.2011

Romania’s Finance Ministry Monday sold nine-month treasury bills worth 502.3 million lei (EUR115.2 million), half the planned amount, at an average yield of 6.72% on the year. more

11.21.2011

Romania’s Government will likely approve the 2012 state budget and social security budget on Friday and forward the bills to Parliament for adoption, Finance Minister Gheorghe Ialomitianu said more

11.18.2011

The Finance Ministry picked a really bad moment to try to sell bonds on the U.S. market and had to postpone the loan. Romania intended to borrow between $1 billion and $2 billion from the U.S more

11.17.2011

Romania’s Finance Ministry on Thursday sold 296.5 million lei (EUR68 million) in three-year bonds, slightly below the planned amount, at an average yield of 7.48% a year. more

11.15.2011

Romania’s planned US-dollar denominated bond issue will likely be affected by the international financial turmoil and the recent change in Hungary’s outlook, an official of the Finance Ministry more

11.15.2011

Romania’s economic growth in the third quarter was mostly driven by farming output, but the low taxation in the agriculture sector makes the increase less noticeable in terms of revenues to the more

11.14.2011

The Romanian Finance Ministry plans to borrow EUR1.3 billion from international markets to cover half of next year’s budget deficit, but the total amount attracted from foreign creditors could be more

11.14.2011

Romania’s Finance Ministry on Monday sold six-month treasury bills worth 1.39 billion lei (EUR317 million), above the planned amount, at an average yield of 6.51% a year, lower than at the previous more

11.10.2011

Romania will offer up to $2 billion of medium-term bonds in a US debt sale scheduled for the end of November, the second international auction this year and the first dollar-denominated bond in more more

11.07.2011

Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR229 million) in one-year treasury bills, at an average yield of 6.64% a year, lower than at the previous auction. more

11.03.2011

Romania’s Finance Ministry on Monday sold a planned 500 million lei (EUR114.7 million) in two-year bonds, at an average yield of 7.23% a year, slightly lower than at the previous auction. more

10.31.2011

Romania’s Finance Ministry plans to sell state paper worth 4.5 billion lei (EUR1.04 billion) in November, more than double from RON2.13 billion sold a month earlier, ministry data showed Monday. more

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

10.25.2011

TotalSoft, one of the leading local software developers, controlled by Greek investment fund Global Finance, plans to double business and expand in full gear, partly by international acquisitions by more

10.24.2011

Romania’s Finance Ministry on Monday sold 735.6 million lei (EUR170.1 million) in one-year treasury bills, below the planned amount, at an average yield of 6.82% a year, barely changed from the more

10.20.2011

Romania’s Finance Ministry on Thursday sold 182.1 million lei (EUR42 million) in three-year bonds, well below the planned amount, while the average yield remained stable at 7.49% a year. more