Finance, Banking and Economic News - 29 June 2011 -
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Finance, Banking and Economic News
29 June 2011

Page: 1 

Analysts don't think that the National Bank of Romania will change the monetary policy rate, in today's meeting of the Board of Directors. Still, should there be any changes in the monetary policy, this would limit inflationary pressures, considers John Lipsky, the interim director of the IMF. read more...

29.06.2011, 16:56 | Finance-Banks | 966 views
Greece adopts the austerity plan
The Greek Parliament voted on Wednesday the austerity budget for five years, in the context of the violent outbreak on the streets of the capital city, Reuters informs. PM George Papandreou committed before the vote to do anything to avoid a default. Parliamentarians voted with 155 votes for, 138 against and 2 abstains the austerity budget. read more...

Romania owns a surplus of 300 millions of CO2 certificates that were of great value three years ago when Romania could have easily obtained 3 billion euro if sold then. Meanwhile, they lost their value and the state could only get 1.2 billion euro. However, the government did not manage to sell the certificates as the necessary legislation was adopted last year only. A year after its adoption, the government realized that the legislation needs to be changed. read more...

Romanian authorities and EC officials agreed on the way to use some EU funds worth 86 million euro for the creation of an internet broadband infrastructure in the so called white areas in Romania, the areas without internet possibilities), Communications minister Valerian Vreme said. read more...

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