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Tag Archives: nominal value

Update: Budget deficit up to 0.88pc of the GDP in five months, five times higher in nominal terms. Fiscal Council pulls the alarm signal

The Finance Ministry has released the execution of the consolidated state budget, with the figures revealing a higher deficit, up to 0.88% of GDP in May, against 0.65% of GDP in April. In the first five months of 2017 Romania ...

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Regional GDP – Bucharest, ahead of Madrid, Berlin and Rome. Gap between Romanian regions increases

The standard of living in the Bucharest-Ilfov region was in 2016 at 139% of the EU average, according to the GDP/capita by the standard purchasing parity power (adjusted to the national prices) conducted by Eurostat. Thus, Bucharest is ahead of ...

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International Investment Bank bonds issue debuted on Romanian capital market

The bonds issued by International Investment Bank (IIB) debuted on Thursday on the Bucharest Stock Exchange (BVB). The total value of the issuance is RON 111 million (EUR 25 million), a press release informs. “(…) The IIB project proved to ...

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Electronically meal tickets available soon

The employers would provide meal tickets as card that function as an electronic wallet, according to a project of law approved by Parliament and whose rules have been promulgated Monday by Ministry of Public Finances. The new provisions would allow ...

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