08.29.2012

The share of budget revenues in the gross domestic product has been adjusted as part of the budget revision from 33.9% to 32.3%, according to information sent by the Finance Ministry. more

08.27.2012

The budget of the Romanian Transport Ministry was reduced by 1.25 billion lei (EUR279.9 million) to RON13.42 billion, in the budget revision approved last week by the Government. more

08.23.2012

Mona Pivniceru was sworn in Thursday as Romania Justice minister in the presence of acting President Crin Antonescu and Government officials. more

08.23.2012

Romanian Finance Ministry rejected all bids at a 200 million lei (EUR44.6 million) four-year bonds auction Thursday, citing high yields. more

08.20.2012

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

08.16.2012

The International Monetary Fund (IMF) warns the Finance Ministry that its “fiscal buffer” has diminished, after the Treasury had attracted less than it had planned to in recent auctions because of more

08.14.2012

Romanian electricity and natural gas producers may have to pay an extraordinary tax on the supplementary revenues obtained following price deregulations on the local market, an official of the Finance more

08.13.2012

Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR154 million) in eight-month treasury bills at an average yield of 5.91% a year, central bank data showed. more

08.09.2012

Romanian Finance Ministry rejected all bids at a 400 million lei (EUR88.12 million) two-year bonds auction Thursday, citing high yields. more

08.09.2012

Romania’s Government wants to borrow 400 million lei (EUR88.3 million) from the Treasury to cover payments for the EU-funded operational program “Increasing Economic Competitiveness”. more

08.08.2012

Romania’s Finance Ministry will stop payments from income tax and VAT collections provided to local authorities, for the city halls which received money from the Government's reserve fund during the more

08.08.2012

Romania’s Economy Ministry said Wednesday it signed 7 non-reimbursable financing contracts of 233.2 million lei (EUR51.3 million) early August, within the EU-funded program targeting productive more

08.07.2012

The second stage of Romania’s 2012 cash-for-clunkers program targeting individuals will be launched Wednesday, and has been allotted 57 million lei (EUR12.5 million), enough to scrap 15,000 cars more

08.07.2012

Romania’s interim President Crin Antonescu on Tuesday appointed Prime Minister Victor Ponta to the position of acting justice minister, to replace Titus Corlatean, who recently took over the Foreign more

08.07.2012

Romania's Communications Ministry has announced it will hold the auction to select a consultant to advise the sale of a 20% stake in national postal operator Posta Romana on September 10. more

08.06.2012

Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR153 million) in one-year treasury bills at an average yield of 5.66% a year, higher than at the previous auction. more

07.31.2012

Romania’s Finance Ministry plans to sell state paper worth 2.5 billion lei (EUR547 million) in August, up from RON1.5 billion sold a month earlier, ministry data showed Tuesday. more

07.30.2012

Romania’s Finance Ministry named Enache Jiru as secretary of state and head of the State Treasury head to replace Cristian Sporis, sources with the ministry told MEDIAFAX Monday. more

07.27.2012

Companies controlled by Romania's Transports Ministry spent hundreds of millions of euros illegally or for unjustified reasons, according to an audit targeting the 2009-2012 period. more

07.27.2012

Romania's Economy Ministry has cancelled four tenders held last year, with a total value of 70 million lei (EUR15.2 million) for mine closure works, arguing that the contracts were awarded more

07.25.2012

Romania's Government has approved the plan to sell a stake of at least 20% in national postal operator Posta Romana to a strategic investor, through a capital raise, by September 30, as per a promise more

07.25.2012

Romania’s Transport Ministry selected consortium PwC/D&B David and Baias/George Butunoiu to recruit private general managers and managing board members for the companies under its authority with more

07.24.2012

Romania's Communications Ministry wants to sell a stake of at least 20% in national postal operator Posta Romana to a strategic investor, through a capital raise, by September 30, as per a promise to more

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

07.16.2012

The Romanian Finance Ministry has raised only 184.8 million lei (EUR40.5 million) at a two-year bond sale Monday, well below the planned amount, in a bid to keep yields steady. more