Finance, Banking and Economic News - 3 February 2011 - financiare.ro
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Finance, Banking and Economic News
3 February 2011



Page: 1 

The committee for legal matters in the Romanian Chamber of Deputies approved Wednesday anticorruption prosecutors’ request to have democrat liberal MP Dan Pasat placed under preventive arrest on corruption charges. read more...


Nearly 80 border police and customs workers have been detained Thursday morning in the Siret customs, one the border with the Republic of Moldova, on cigarette smuggling and bribe taking charges. read more...


03.02.2011, 10:13 | Travel | 877 views
Tourist Arrivals In Romania Fall 0.7% In 2010
The number of tourists entering Romania was 0.7% lower in 2010 compared with a year before, while the number of tourists accommodated was down 7.1%, the National Statistical Institute, or INS, said Thursday. read more...


EU, US and Romania pressure Moldova’s political processes in an attempt to draw the state towards their area of influence, Russia’s Ambassador to Chisinau, Valeri Kuzmin declared. During the electoral campaign, Russia adopted a politically correct attitude, as the practice of international relations requests it, the Russian diplomat said. read more...


Reducing the value added tax is not a good solution for Romania, as it will not lower prices, but it will have a negative effect on the predictability of the fiscal framework, Finance Ministry state secretary Dan Lazar said Thursday. read more...


Romanian retail sales fell 9.4% on the year in December 2010, the largest decline in the European Union, official data showed Thursday. read more...


The conclusion of the World Bank’s review mission on Romanian economic and fiscal progress under a EUR20 billion international bailout will not prompt a revision of the country’s growth forecast for 2011, an official of the World Bank said Thursday. read more...


Romanian President Traian Basescu on Friday will participate in the meeting of the European Council in Brussels, the Presidency said in a press release Thursday. read more...


Romania’s central bank Thursday left its main interest rate at a record low of 6.25% a year for the sixth consecutive time as it continues to battle a high inflation. read more...


The World Bank will grant Romania a EUR750 million loan for two projects aimed to reform the healthcare and social assistance sectors. read more...




Romania's Ministry of Public Finance plans to reduce the paperwork required from small enterprises and allow them more time to file tax statements, state secretary Dan Lazar said Thursday in a seminar hosted by daily paper Ziarul Financiar. read more...


The Romanian Government “firmly” rejects the liberalization of gas prices at this time, since this is a measure to be implemented gradually, Thursday said Karoly Borbely, secretary of state within the Economy Ministry. read more...


World Bank prepares two new supplementary financial assistance programs for Romania, that target the Health sector and the social aid sector, World Bank Senior Economist Catalin Pauna said. The official explained that the total value of the programs amounts to 750 million euro. read more...


Romanian Prime Minister Emil Boc said Thursday that construction work on the Transylvania Highway will continue this year on two sectors, namely Gilau-Nadaselu and Suplacu de Barcau. read more...


Romanians insured through the public healthcare system will have to pay out of pocket for medical services they request themselves, as doctors will not be allowed to write notes or prescriptions for free/discounted medicine in such instances. read more...



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