florin citu

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…

Finance Minister Eugen Teodorovici argues that the statement made by liberal Senator Florin Citu, according to whom the ministry employees are asked to manipulate the figures regarding the budget execution for 2018, it a ‘total folly and an…

PSD chairman Liviu Dragnea has mentioned an investment fund of EUR 10 billion within the party’s Executive Committee held on Monday. The statement comes amid the information that the Government has decided to supplement the budget of the…

Finance Minister, Eugen Teodorovici, has confirmed on Saturday that a document released by PNL Senator, Florin Citu, providing for the freezing of public employees’ wages, has been sent to the European Commission. Teodorovici also said…

Two PNL members have criticized on Wednesday the decisions made by the Government, the ruling coalition, in regard to inflation, which was 5.4% in June, according to the latest figures released by the National Statistics Institute (INS).…

National Liberal Party deputy Florin Cîţu, has posted on Facebook that he had a discussion with an official representing a partner country who told him that restrictions or visa denial actions are to be taken against seven PSD-ALDE…

Liberal Senator, Florin Citu, claims that the European Commission and the European Central Bank request amendments to the National Bank’s statute, so that the Finance Ministry’s representatives are banned from attending the monetary policy…