Business

4 oct. •

Mugur Isarescu: Romania does not need an IMF agreement

Romania’s National Central Bank governor Mugur Isarescu considers that Romania does not need another financing agreement with the International Monetary Fund because the financing of the IMF addresses the consolidation of international reserves, to increase…

1 oct. •

Romanian Economy Ministry launches program to relaunch domestic production

1 oct. •

Romanian PM says he knows nothing about initiative to tax weddings and christening ceremonies

1 oct. •

PM Emil Boc says Romanian state will recover Rompetrol debt in court. Statement comes as Rompetrol Rafinare shareholders decided state would control 44.69% of company shares

30 sept. •

The government eliminates minimum tax and approves a set of measures to support companies

29 sept. •

Romanian central bank maintains maintain monetary policy rate and level of minimum reserve

29 sept. •

Romanian minister Boagiu: Risk that railway companies go bankrupt is high

28 sept. •

Romanian managers expectations for September-November: Employment to drop in all economic sectors except retail

15 sept. •

2011 budgetary fiscal strategy: personnel spending drops while spending for European projects increase

14 sept. •

National Statistics Institute: Romania's GDP for the first six months – 211.4 billion lei

13 sept. •

PM Emil Boc together with several ministers met on Monday with an IMF delegation

10 sept. •

Duster will be produced in 80,000 units in 2010

10 sept. •

The current account deficit continued to increase amounting to 3.79 billion euro in the first seven months

10 sept. •

Foreign direct investments dropped by 35.8% in the first seven months

8 sept. •

Finance minister Gheorghe Ialomitianu: We paid 1 billion euro to private companies, another 900 million euro are left

7 sept. •

Finance minister Gheorghe Ialomitianu about the decrease of the flat tax: we have several options, but a decision will be taken with the IMF

6 sept. •

Romania and Switzerland signs on Tuesday, September 7, an agreement for 181 Swiss Francs nonrefundable funds

6 sept. •

IMF Romania chief Jeffrey Franks after a meeting with the Finance minister: the main taxes should be maintained next year

1 sept. •

Duster might represent over half of Dacia's production if there will be demand

27 aug. •

Finance minister Vladescu: Romania is out of the recession and is on the right track

26 aug. •

Budget deficit stands at 3.9% or 19.92 billion Ron after seven months

26 aug. •

Most profitable firm in Romania last year had no employees and an annual profit of over 3.68 billion euro

26 aug. •

Romanian minister: We want Rompetrol pay its debt in cash, not shares

25 aug. •

Rompetrol lawyers: Romanian state has no legal means to refuse conversion of bonds into shares or partial payment of Rompetrol debt

24 aug. •

Romanian Senate approves ordinance increasing VAT to 24%

24 aug. •

Holder of 5% of Bucharest Stock Exchange resigned from board. UPDATE Daniel Tepes reviews decision to resign

24 aug. •

Eurocopter said to be interested in relocating part of its activities from Romania back to US

24 aug. •

Romania may produce 74% more cars in 2014 than last year – PwC study

23 aug. •

Romania Transport Ministry eyes railway layoffs

23 aug. •

Economists: Romania must get on international markets. Current public debt structure is unhealthy

23 aug. •

What sectors may be affected should troubles in Romania-Russia relations hit economy

20 aug. •

Perception of analysts on the evolution of Romanian economy improved substantially in August

20 aug. •

Romanian trade unions call for minimum salary of 750 lei. Employers say first effect of a raise would be increasing unemployment in private sector

18 aug. •

We prioritized public investments through the budgetary modification / The pensions fund was supplemented by 3.8 billion lei

17 aug. •

Ford suppliers mushroom nearby Craiova, South Romania / one started recruiting while another will start production in several months

17 aug. •

Finance ministry: unemployment rates will increase to 8.5% in 2010

16 aug. •

Romania registered the highest inflation rate in the EU in July, of 7.1%

12 aug. •

Budgetary modification: the state budget subsidy for pensions increases by 3.8 billion lei / The motivation: this covers the necessary funds for pensions and unemployment aids to avoid social conflicts

12 aug. •

Hyundai and Fiat, marks that lost market share / Dacia, Chevrolet and Skoda lead the market

11 aug. •

Unemployment rates dropped steadily in July to 7.43%

11 aug. •

Lucian Croitoru: joining the euro zone requires a certain political cohesion which Romania lacks

11 aug. •

The current account deficit continued to decrease to 3.64 billion euro

11 aug. •

Foreign direct investments dropped by 28.9% in the first six months

10 aug. •

Economy minister Adriean Videanu donated in July 2300 lei to the state budget to diminish the effects of the crisis / His employee, Stafie Claudiu donated ten times more, 22,000 lei

9 aug. •

Fitch confirms Romania's ratings for long term debts

9 aug. •

Romania's national currency appreciated on Monday to the European one / One euro at 4.2297 lei

6 aug. •

Central Bank governor Mugur Isarescu: it is normal for banks to have a procyclic behavior not for the government

6 aug. •

Financial Times: the IMF agreement marked Romania as a country with problems

6 aug. •

After six months, banks in Romania registered a drop of 54 million euro

4 aug. •

IMF priorities for Romania in the upcoming period: attracting EU funds, passing the pensions law, implementing the unique salary law / Talks for a new agreement are premature

4 aug. •

Jeffrey Franks presents on Wednesday the conclusions of the IMF mission in Romania

3 aug. •

Romania's leu appreciated on Tuesday to the euro up to 4.2371 lei/euro

2 aug. •

The government estimates high unemployment rates and an increase of unemployment aid spending

2 aug. •

Mihai Tanasescu: no supplementary measures are needed to reach the budgetary deficit target

30 iul. •

Romania's 2009 insurance market: net loss for insurers decreased by 5.6 times

27 iul. •

Finance minister Sebastian Vladescu: we discuss a 6.8% deficit with the IMF / we do not discuss the possibility of VAT of 25% and flat tax 10%

26 iul. •

IMF will revise the GDP drop estimate / EBRD estimate of -3% is pessimistic

26 iul. •

PM Boc: we are preparing a project to tax unjustified wealth

26 iul. •

Ford produced about 3,000 Transit Connect at Craiova, Romania in quarter one

23 iul. •

The government adopted the implementation norms to counter fiscal evasion / VAT for social househlds remains at 5%

21 iul. •

Lucian Croitoru: Romania's economy cannot grow without foreign capital

20 iul. •

PwC: almost 190 multinationals with Romanian majority capital will appear in the next 15 years

16 iul. •

Economy minister Videanu: we could have had a zero economic growth this quarter

16 iul. •

PM Emil Boc: we will eliminate minimum tax this fall and will maintain a flat tax of 16%

15 iul. •

Economy ministry cut 32% of the positions in the ministry

14 iul. •

Central Bank: the banking system registered losses of almost 49 million euro after the first five months of the year

14 iul. •

IMF Fiscal business department experts start talks with Romanian fiscal experts

13 iul. •

Foreign direct investments dropped by 31.5% in the first give months

13 iul. •

The current account deficit continued to decrease, reaching after the first five months to 2.86 billion euro

13 iul. •

Economists, bankers, analysts estimated macro numbers for the end of 2010: inflation 8.5%, unemployment 8.5%, euro/ron exchange rate 4.3, economic shrinkage 2.5%

12 iul. •

The government weights the possibility to cut VAT and tax pensions

12 iul. •

Mitsubishi recalls in Romania over 2,000 L200 trucks for checks

12 iul. •

Romania's commercial deficit decreased by 3.2% in the first five months to 3.8 billion euro/ Exports continue to increase more than imports

12 iul. •

The Romanian car market dropped by 42% in Q1 / Dacia holds 32% of the market, Volkswagen, Skoda and Renault about 9%

9 iul. •

EC report: Real car prices dropped 10% in average in Romania in 2009

9 iul. •

US company to invest 126 million USD in construction of oil equipment factory near Ploiesti, Romania

8 iul. •

ECB President may visit Bucharest for central bank anniversary in September

8 iul. •

Top central bank official: We can't overcome recession this year. Psychologic and emotional issues may change market and consumption

8 iul. •

Competition Council authorizes Wella Romania takeover by Interbrands

8 iul. •

Transport minister considers tax on Romanian highway transit starting summer 2011

8 iul. •

Unicredit reviews scenarios on Romania economy

6 iul. •

Unemployment rate up to 8.1% in Q1 2010

1 iul. •

Romania austerity measures: fiscal facelift comes into force July 1

1 iul. •

Commerzbank analyst quoted by Roubini GE: Romania may think about import tax which would be more efficient than upping taxation on firms

30 iun. •

Yahoo.ro portal and Romanian-language mail service to launch in Q4 2010

30 iun. •

Wall Street Journal: IMF money is crucial for Romanians / Analysts: It is highly unlikely for the IMF to give up on Romania

28 iun. •

Romtelecom fires yet another several hundreds and cuts tariffs for broadband internet

GSP 3D, Foto: Gazeta Sporturilor

28 iun. •

July 2. Friday: Gazeta Sporturilor, the 1st 3D Romanian newspaper

25 iun. •

ING expects Romania's Central Bank to reach target deficit this year

23 iun. •

EC wants solid arguments confirming the "covering" and "reasonability" of mobile internet tariffs in Romania to change 84 million Euros funds fate

23 iun. •

Bulgaria and Romania do not compete for South Stream project – Gazprom

18 iun. •

Romania's Fiscal Code changed starting July 1: taxes introduced on meal tickets, interests and assistance payments

18 iun. •

Hungarian official visiting Bucharest: Bank taxation decision is fair and normal

16 iun. •

Lucian Croitoru, Romanian National Central Bank: we live in a collective hypocrisy / How can you have high quality ministers if you do not do them justice with the salary?

16 iun. •

The current account deficit deepened by 40.3% in the first four months to 2.06 billion euro

15 iun. •

From our correspondent in Bern

Swiss authorities expect the non-reimbursable finance programme with Romania to be signed in July

, Foto:

15 iun. •

How risky is Romania? From the rating agencies reps

14 iun. •

US Ambassador to Bucharest: Romania needs to decrease its deficit and enlarge its private sector

11 iun. •

Romania public debt up 10 billion lei in March to 30.63% of GDP

11 iun. •

Local report: Ford apparently intensifies production in Craiova, South Romania

11 iun. •

Finance minister: Taxes would rise should Romania see a 2% economic drop

10 iun. •

World Bank: Romania and Latvia are the only economies in Europe and Central Asia to drop in 2010

9 iun. •

Romanian new car market dropped 49% in five months. Ferrari registrations tripled. Dacia registration dropped 43%

Structura comertului international, Foto: INS

9 iun. •

Romania imported 2.8 billion euro more than exported in Q1

8 iun. •

Dealers: Political tensions pressures the leu into depreciation. The leu exchange rate reaches the lowest level in 6 months

8 iun. •

Constructions' volume dropped 18.7% in four months

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