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FINANCIAL
Exchange rate hits new record: RON 4.82 for 1 euro. Commissioner Breton heralds EU…
The exchange rate has hit a new negative record on Monday: RON 4.8242 for one euro. Last week, the national…
FinMin: Ongoing talks with banks to delay bank installment payments by 2-3 months.…
Minister of Finance Florin Citu has announced on Saturday night that the ministry is having talks with the banking…
Tax payments delayed by June 30, FinMin announces
Interim minister of Finance, Florin Citu, has announced in a Facebook post that, under the current Coronavirus…
Misinvoicing in Romania stands at 19.9% of total trade will all global trading…
On average over 10 years, the average rate of trade misinvoicing for Romania as a percent of total trade with all…
Romanian producer of organic fertilizers starts trading on BVB Aero Market
Shares of Norofert SA, a Romanian producer of organic fertilizers, began trading on the AeRO market of the…
EC OKs EUR 36m state aid for Tarom
The European Commission has approved today Romania’s plans to grant a temporary loan of EUR 36.7 million (around…
Record exchange rate. Euro hits historical high
The National Bank of Romania (BNR) has announced an all time record for the exchange rate, with the Euro hitting a…
Insolvencies in Romania down by 22% in 2019, study says
The majority of insolvencies were registered in the wholesale and distribution sector followed by the constructions…
EC starts the Excessive Deficit Procedure against Romania
The European Commission has announced today in its Report on Romania that kicking off the Excessive Deficit…
EIB Group support for projects in Romania amounted to EUR 865m in 2019
The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and its subsidiary,…