Archive » January 2010 » 15 January 2010 The english news from 15 January 2010
Romania, among EU member states showing increase in industrial output in November 2009
The industrial output rose more than expected in November compared with October, both in the EU and in the euro area, while the annual loss rate was the smallest recorded since October 2008. The factory output saw its annual rate plunging in all the EU member states for which data were made available, except for Poland (+7.3 percent), Romania (+4.4 percent) and Luxembourg (+0.7 percent)…
Romanian Parliament Passes 2010 Budget Bill
Romanian parliament on Thursday adopted 192 to 138 the state budget for 2010, following several days of wrangling over thousands of amendments proposed by the opposition. The 2010 state budget envisages total revenue of 66.65 billion lei (EUR1=RON4.1286) and expenditure of RON101.67 billion, reflecting a deficit of RON35.02 billion…
Saxo: Romanian Exchange Rate May Rise To 4.84 RON/Euro If IMF Terms Not Met
Officials of Danish lender Saxo Bank said on Wednesday that the exchange rate may reach 4.84 RON per euro in twelve months time if the authorities fail to implement the structural reforms required by the International Monetary Fund under a EUR13 billion loan agreement…