Finance, Banking and Economic News 6 July 2011
Israeli Prime Minister Benjamin Netanyahu starts Wednesday a visit to Romania and Bulgaria, marking the first prime ministerial visit to either of those countries in about 20 years, the Jerusalem Post reported in its online edition Wednesday. read more...
Romanian businessman Costica Constanda on Wednesday won a civil trial started against the Bucharest city hall regarding a land swap contract, and the mayoralty will pay the businessman damage claims amounting to a record EUR165 million. read more...
Cigarette sales in Romania increased 15-20% in the first half of this year, compared to the first half of last year, as tax evasion has decreased, said Gilda Lazar, corporate affairs manager with Japan Tobacco International Romania. read more...
The Governments of Romania and Israel will hold a joint meeting in November to discuss joint projects in agriculture, energy, infrastructure, defense, tourism, healthcare, environmental issues and culture, Romanian Prime Minister Emil Boc said Wednesday after a meeting with Israeli counterpart Benjamin Netanyahu. read more...
Over 600 National Customs Authority employees, or one third of the employees who have received a layoff notice, will be sacked based on the results of an evaluation scheduled for July 18-July 29, tax authority ANAF president Sorin Blejnar said Wednesday. read more...
Romania's Government has approved a bill introducing extended confiscation, an act that will be sent to the Parliament for adoption. read more...
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