florin citu

The Senate has passed the simple motion initiated by PSD against Minister of Public Finance, Florin Citu, by 59 votes to 56, two abstentions. The simple motion, entitled "PNL Government, your name is austerity" was initiated by 41 Social…

The incumbent minister of Finance, Liberal Florin Citu has accused in a press conference on Monday that his predecessor, Social Democrat Eugen Teodorovici had known since April that the budget deficit might exceed 4 percent out of GDP. Citu…

Romanian Finance minister Florin Citu told Bloomberg that Romania has a sufficient buffer to face any funding or exchange-rate pressure. “We have an optimum size buffer” of foreign reserves, Florin Citu said in an interview from Brussels…

PSD chairwoman Viorica Dăncilă has announced that her party will file a simple motion in Parliament against the new Liberal Finance minister, Florin Cîțu, on the Euro increase. "The Euro increase is affecting Romanians", argues Viorica…

The new minister of Finance Florin Cîţu has announced on Thursday that the situation of the country's budget and economy exceeds the most pessimistic expectations, accusing that the economy has been led on two budgets in the past 3 years,…

On Tuesday, the Parliament's specialist committees Okayed seven of the designated ministers as proposed by the PM-designate Ludovic Orban: Victor Sebastian Costache for minister of health; Marcel Ion Vela for minister of internal affairs;…

EximBank and National Bank of Greece (NBG) signed an agreement regarding the purchase of NBG’s equity holding of 99.28% in Banca Românească (BROM). Subsequent to the completion of the transaction, EximBank will enter the domestic retail…

About 10,000 state employees would allegedly be laid off to save money for the budget and the first lists have begun to appear in the media. It is about the plan of Finance Minister Eugen Teodorovici to reform the budgetary apparatus.…

Romania has borrowed EUR 3 billion from the foreign markets in just one day. It is the largest sum borrowed all at once through Eurobonds with maturity of 7, 15 and 30 years. At the same time, it is the first time when the state resorted to…

Finance Minister Eugen Teodorovici is accused by PNL Senator Florin Citu (photo) of playing Russia’s games against the interests of Romania and of its strategic allies. The Liberal argues that Teodorovici has conceived a plan to allow…