Finance, Banking and Economic News - 15 August 2012 -
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Finance, Banking and Economic News
15 August 2012

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Suspended President Traian Basescu on Friday said that, to him, coming back to Cotroceni was no longer the main stake, as it was more important for the institutions to find if any frauds took place during the referendum. read more...

Terms the officials of the International Monetary Fund (IMF), and of the EU financial structures impose, will lead to the suppression of the social dialogue through the removal of the Collective Bargaining, at all levels, reads the release the trade unions confederations and employers associations signatories of a cooperation agreement sent to Agerpres. read more...

Romania was ranking No. 26 in the 2012 London Games medal table late on Saturday, after Day 15 of the competition. read more...

Romania imported a usable natural gas quantity of 1.459 million tons of oil equivalent by this mid-year, down 28.79 percent (586,800 toe) from the first half of 2011, show figures centralised by the National Institute for Statistics. read more...

15.08.2012, 13:42 | Economy | 1231 views
Romania economy expands 0.5 pct in Q2
The Romanian economy expanded 0.5 percent in the second quarter of this year as compared to the three months to March, while when compared to April-June of 2011 it advanced 1.2 percent by gross series and 1.7 percent by seasonally adjusted series, show early estimates released by the National Institute for Statistics on Tuesday. read more...

The IMF does not have a preference for the flat tax or for the progressive taxation of revenues, but it is important that the fiscal reform ensures a sufficient revenue level, allowing the Government to make the priority expenditure for economy, education, health system, infrastructure, International Monetary Fund Mission head Erik de Vrijer told an interview to Agerpres. read more...

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