10.01.2012

Romania’s Finance Ministry on Monday sold 972 million lei (EUR218.3 million) in six-month treasury bills, slightly below the planned amount, at an average yield of 5.91% a year, higher than at the more

09.27.2012

Romania’s Finance Ministry will tap its 2015 foreign currency bond on October 22 to raise EUR150 million, according to the ministry’s issuance prospectus for next month. more

09.25.2012

Romania’s Finance Ministry is considering capping daily cash payments between two or more individuals in a move to reduce tax evasion, people familiar with the matter said Tuesday. more

09.21.2012

The consortium made of KPMG Romania and law firm Tuca Zbarcea&Asociatii won the bid for providing consultancy services in the sale of national postal operator Posta Romana, sources in Communications more

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

09.20.2012

Romania’s Finance Ministry on Thursday sold a planned 200 million lei (EUR44.3 million) in four-year government bonds, at an average yield of 6.29% a year, central bank data showed. more

09.19.2012

Romania’s Regional Development Ministry is the new administrator of the Rural Infrastructure Development Program and will pay off rural infrastructure debts of 144 million lei (EUR31.9 million), more

09.17.2012

Romania’s Finance Ministry on Monday sold 978.4 million lei (EUR217.5 million) in one-year treasury bills, above the planned amount, as the average yield fell to 5.95% a year, from over 6% a year at more

09.13.2012

Romania’s Finance Ministry raised a planned 300 million lei (EUR66.5 million) at a two-year bond auction Thursday, while the average annual yield rose slightly to 6.1% a year, central bank data more

09.10.2012

Romania’s Finance Ministry on Monday sold 1.53 billion lei (EUR341 million) in eight-month treasury bills, more than double the planned amount, at an average yield of 5.98% a year, slightly lower more

09.06.2012

Romania’s Finance Ministry on Thursday sold 599.8 million lei (EUR133.8 million) in one-year treasury bills at an the average yield of 6.07% a year, higher than at the previous auction. more

09.05.2012

Romania’s tap of a euro-denominated bond issue due June 2018 attracted bids from over 200 investors, mainly from the United Kingdom, Austria and Germany, bankers familiar with the matter told more

09.04.2012

Romania’s Finance Ministry Tuesday tapped a 10-year euro-denominated bond maturing in June 2018 for an amount of EUR750 million, at an annual yield of 5.15%. more

09.04.2012

Romania’s Finance Ministry Tuesday re-opened a 6.5% euro-denominated bond due June 2018 and set the initial price guidance at 5.25% area, people familiar with the matter said Tuesday. more

09.04.2012

Romanian doctors who own or want to set up clinics in rural areas, as well as medical associations that operate there, may access non-reimbursable funds to finance their activity through the National more

09.03.2012

Romania’s Finance Ministry on Monday sold 931.1 million lei (EUR207 million) in eight-month treasury bills at an average yield of 6.11% a year, slightly higher than at the previous auction. more

08.31.2012

Romania’s Finance Ministry plans to sell state paper worth 3.3 billion lei (EUR million) in September, up from RON1.4 billion sold a month earlier. more

08.30.2012

The biggest salary of a public sector employee is 11,248 lei (around EUR2,500) and is earned by a general manager within the Ministry of External Affairs. The employee earned 1.7 times more in March more

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