Romania's contribution to the EU budget: 38.99 billion lei
January 28, 2010
Romania will pay its share to the European Union's budget, namely 38.99 billion lei for the period 2007 – 2013 and it has to receive 153.66 billion lei or 38.2 billion euros, the Romanian Public Finance Ministry announced on Wednesday. The ministry's reaction comes after Ziarul Financiar published an article entitled "Millions of euros pass us by. We poured into the Union's budget twice more money than we received" (Miliardele de euro trec pe langa noi. Am varsat la bugetul Uniunii de doua ori mai multi bani decat am incasat).
Read: More
Guzu invests three times as much in promotion as last year
January 28, 2010
Duraziv, a company controlled by businessman Daniel Guzu, founder of varnish and paint business Fabryo, will invest over one million euros (net sum) this year, three times as much as 2009's promotional budget.
Read: More
Romania To Give Moldova EUR100M Between ’10-’13 For Infrastructure, Local Projects
January 28, 2010
Romanian President Traian Basescu said Wednesday in Moldovan capital Chisinau that Romania will offer non-reimbursable financial support worth EUR100 million to Moldova for education infrastructure projects and for locally relevant projects.
Read: More
Bucharest Needs 140,000-170,000 New Homes To Catch Up With Warsaw, Prague, Budapest – Study
January 28, 2010
Romanian capital Bucharest has 404 apartments for every 1,000 people, and a further 140,000-170,000 need to be built before it reaches the level of other European capitals such as Warsaw, Prague and Budapest, according to a study by Colliers International.
Read: More
BCR cuts interest rates on loans in RON for companies
January 28, 2010
BCR, the largest bank on the Romanian market is giving the first signal of a significant cheapening of corporate loans in RON since the beginning of the year, by cutting its reference interest rate by up to two percentage points, to a minimum of 11.5% a year.
Read: More
