Finance, Banking and Economic News - 30 May 2011 -
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Finance, Banking and Economic News
30 May 2011

Page: 1 

Bankrupt shopping center City Mall Bucharest will be put up for sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 million. read more...

Greek group OTE will not purchase the shares of the Romanian state at Romtelecom, a decision which came after a financial evaluation of the group in Greece and the imposition of Deutsche Telekom, a majority share holder, to accumulate cash, sources close to the transaction told read more...

Romania’s ruling coalition decided to allow the Government to apply a pollution tax upon the first sale of cars brought to Romania before the enforcement of this new car tax system, people familiar with the matter told Mediafax Monday. read more...

Italian PM Berlusconi met his Romanian counterpart Emil Boc to lead the second inter-governmental summit at the government’s headquarters that will also tackle the issue of Romania’s adhesion to Schengen. read more...

District 5 court judges rejected on Monday the action of President Basescu through which he requested moral damages to deputy Mugurel Surupaceanu for his statements made on the use of light drugs, news agency Agerpres reads. read more...

Romania's Senate on Monday rejected the bill allowing the Government to issue ordinances during the parliamentary break. read more...

The Romanian Chamber of Deputies on Monday adopted the articles of a bill whereby mayors will be elected in a single round of elections, unless none of the candidates receives the majority of votes. read more...

Romania's tourism strategy will be managed and monitored by a committee made up only of ministers and led by the Minister of Regional Development and Tourism, according to a decision by Prime Minister Emil Boc. read more...

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