Archive » February 2009 » 20 February 2009 The english news from 20 February 2009
USA To Introduce 3% Threshold On Visa Waiver Program
The US Embassy in Romania receives between 150 and 350 visa requests every day in Romania, and the rejection rate for fiscal year 2008 was 25%, US General Consul James Gray told MEDIAFAX, adding that starting with July 1 the 3% refusal threshold will be reintroduced for the Visa Waiver program.…
Up to 1 bln eur. agreement with World Bank requires IMF ok
Romania's government is currently negotiating a loan worth up to Euro 1 billion with the World Bank (WB). The funds could help finance the budget deficit, but only if the government commits to a public sector reform package, according to the World Bank's Chief Economist, Catalin Pauna, for Business Standard…
BRD picks up speed on RON lending
BRD, the second-largest bank in the system, last year lost three percent of its share of the RON lending market, from 24% to 21%, but picked up speed on the segment of domestic currency lending to companies, gaining two percent of the market, from 16% to 18%.…
Romania's financial companies plunge 5.5% in January, on year-low capitalization
The net assets of Romania's five financial companies known as SIFs lost on average 5.5 percent in January to 5.496 billion lei (1.28 billion euros), which brought their capitalization to the lowest level of the past 12 months, data of the Association of Fund Administrators (AAF) show.…