News » December, 2010 » 14 December 2010
Cluj-Napoca takes out 300m RON from CEC over 30 years
14.12.2010, 00:10 | Finance-Banks | 833 views
The Cluj-Napoca city hall has contracted a 300 million-RON (around 71 million-euro) loan from CEC Bank over 30 years to cover planned or ongoing investments. Originally, the Cluj authorities intended to contract a 600 million-RON (around 142 million-euro) loan, after holding talks with representatives of CEC Bank and the BCR, the only two banks that submitted lending offers. Read more on ZF.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|
