Finance, Banking and Economic News 27 December 2010
Romanian democrat liberal senator Dumitru Florian Staicu drafted a normative act whereby food products will have a green, orange or red dot on their wrappers or labels, according to the type and amount of food additives they contain. read more...
Romanian private lending fell 3.9% in real terms to 207.9 billion lei (EUR1=RON4.2878) in November from the same month a year earlier, held down by local currency loans, central bank data showed Monday. read more...
The Romanian opposition Social Democratic Party will put forward a normative act whereby the state will issue three-year treasury bills to cover a 25% public sector salary cut applied between July 1 and December 31, 2010. read more...
Romanian carmaker Automobile Dacia will invest more than 57 million lei (EUR1=RON4.2878) into an engine block designed for a new family of engines, with RON20 million to be provided as non-reimbursable funds. read more...
Some 45 Romanian companies in several sectors of activity will receive non-reimbursable financing worth a total 515.3 million lei (EUR1=RON4.2878) for investment projects, through the “Increase of Economic Competitiveness” sectoral operational program, the Economy Ministry said Monday. read more...
The European Commission issued a favorable opinion for units 3 and 4 of the Cernavoda Nuclear Plant in accordance with article 43 of the EURATOM treaty, Economy ministry informs. EC remarked that the investment complies with objectives of the EURATOM treaty and contributes to the development of the regional energy mix. read more...
Romania's Constitutional Court will debate on Tuesday the complaint formulated by 53 Liberal deputies on the law on budgetary salaries for 2011 for which the government took responsibility. read more...
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