Archive » December 2009 » 02 December 2009 The english news from 02 December 2009

  • BNR paid the largest profit tax in Romania: E232 mln

    The budget execution at the end of October indicates that eight percent of the revenues from the profit tax came from the National Bank of Romania (BNR), contributing RON 992 million (some €232 mln) to the state budget. Last year, although BNR posted a profit, the money was used to cover losses registered between 1997 and 2007…

  • Romania's EUR100M Debt To Highway Constructor Bechtel To Be Paid In January - Acting Transports Min

    Romania still has a debt of EUR100 million to Bechtel, the company building the Transylvania Highway, which will be paid in January 2010, acting Transports Minister Radu Berceanu said Tuesday. Berceanu said, after the highway's first segment was opened, that the outstanding sums include bills for work performed in the last months and for work completing the segment…

  • Tonny Lybek: IMF wants Romania to present a credible budget

    The International Monetary Fund (IMF) does not want Romanian politicians to simply adopt a budget, but wants this to be a credible budget as well, IMF representative in Romania and Bulgaria Tonny Lybek on Monday told Agerpres. 'No specific date has been set for the arrival of the next IMF assessment mission in Bucharest'…

  • How the state took over the private foreign debt

    Only a few months have passed since the first tranche of financial resources that are part of the mammoth-loan contracted by the Romanian state from the IMF-EU-World Bank entered the country and the effects that emphasize and even quantify the real purpose of this loan have already appeared…

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