01.30.2013

Romanian medicine supplier Unifarm may borrow EUR800,000 from the state treasury to purchase oncology drugs, according to an emergency ordinance approved by the Government Wednesday. more

01.28.2013

Romanian Economy Minister Varujan Vosganian said Monday that the government has insufficient resources to finance key projects in the energy sector, including the long-delayed construction of two new more

01.25.2013

Romania’s consolidated budget posted last year a deficit of 14.8 billion lei (EUR3.8 billion), representing 2.5% of the gross domestic product, the Finance Ministry said Friday. more

01.24.2013

Romania’s Finance Ministry on Thursday sold 1.1 billion lei (EUR251 million) in 10-year treasury bonds, above the planned amount, with the average yield dropping to 5.71% a year, the lowest level on more

01.22.2013

Romania’s harsh cost-cutting measures implemented in 2009-2011 are finally paying off and the country could exit the European Union’s excessive-deficit procedure in May or June this year, the more

01.22.2013

Romania’s Finance Ministry Tuesday raised EUR502.5 million at its first euro-denominated bond sale of 2013, more than thrice the planned amount, with the average yield dropping to a record low of more

01.21.2013

Romania’s Transport Ministry will have a budget of 7.29 billion lei (EUR1.67 billion) in 2013, up 40% from RON5.18 billion in 2012, according to the draft state budget for 2013. more

01.21.2013

Romania’s Finance Ministry on Monday sold a planned 300 million lei (EUR69 million) in six-month treasury bills, at an average yield of 5.53% a year, lower than at the previous auction. more

01.18.2013

Romania’s Transport Ministry Friday has it has resumed listing proceedings for eight companies in its portfolio, including Constanta port in the Black Sea and the Henri Coanda airport in Bucharest. more

01.17.2013

Romania’s Finance Ministry on Thursday sold 3.1 billion lei (EUR715 million) of five years bonds, sixfold the planned amount, as the average yield dropped to a record low of 5.4% a year. more

01.14.2013

Romania’s Finance Ministry sold state paper worth 2.91 billion lei (EUR664 million) at two auctions Monday, well above the planned amount, as yields continued a downward trend started in the last more

01.14.2013

Romania’s Finance Ministry plans to raise EUR150 million at a euro-denominated bond sale on the local market January 22, the ministry said Monday. more

01.11.2013

Traian Oprea, former general manager at Romanian state-owned hydropower producer Hidroelectrica, has been appointed adviser to Economy Minister Varujan Vosganian. more

01.10.2013

Romania’s Finance Ministry on Thursday sold 1.82 billion lei (EUR416 million) in four-year government bonds, threefold the planned amount, at an average yield of 6.03% a year, lower than at the more

01.07.2013

Romania’s Finance Ministry on Monday sold state paper worth 2.15 billion lei (EUR486.3 million) in the first two auctions of 2013, at decreasing yields, as investors' interest for Romania debt has more

12.27.2012

Romania’s Finance Ministry plans to sell debt of 18-20 billion lei (4-4.5 billion euros) on the local market in the first three months of 2013, according to a ministry announcement. more

12.26.2012

The Finance Ministry has a foreign currency liquidity reserve of EUR4.4 billion, only EUR200 million more than on May 8, when Florin Georgescu, the suspended first deputy governor of central bank, more

12.24.2012

Romania’s Finance Ministry plans to sell state paper worth 4.6 billion lei (EUR1 billion) in January, down from RON8.1 billion sold in December. more

12.22.2012

Romania’s Government on Saturday decided to set up the National Tourism Authority, which will operate within the Economy Ministry and will be coordinated by the minister-delegate for SMEs, Tourism more

12.22.2012

Romania’s new Health Minister Eugen Nicolaescu on Saturday appointed Raed Arafat to the position of secretary of state and first deputy health minister. more

12.21.2012

Romanian Parliament’s special committees on Friday endorsed Varujan Vosganian for the position of Economy minister with 57 to 11 votes and one abstention. more

12.20.2012

Romania’s Finance Ministry on Thursday sold three-year bonds of 3.4 billion lei (EUR760 million), much higher than its RON300 million target, as the average yield fell to 6.14% from 6.61% at the more

12.17.2012

Romania’s Finance Ministry raised 1.08 million lei (EUR241 million) at a one-year bills auction Monday, above the planned amount, at an annual average yield of 6.24%, lower than at the previous more

12.13.2012

Romania’s Finance Ministry sold 2.07 billion lei (EUR460 million) at two bond auctions Thursday, well above the planned amount, at average annual yields of 6.44% and 6.57%, respectively. more

12.10.2012

Romania’s Finance Ministry sold a planned 500 million lei (EUR110.3 million) at a one-year bills auction Monday, at an average annual yield of 6.33%, marginally higher than at the previous tender. more