Archive » January 2010 » 22 January 2010 The english news from 22 January 2010

  • Romania's Supreme Defense Council OKs Energy Sector Reorganization

    Romania's Supreme Defense Council CSAT approved Thursday the reorganization of two companies within the Economy Ministry with joint portfolio of power plants, according to a Presidency press release. "During the session, the Economy Minister presented the measures for the reorganization of the sector of electric power production subordinated to the ministry, targeting the increase of safety and security in energy supply…

  • FinMin: Budget deficit stays 5.9 pct of GDP in 2010

    The budget deficit stays 5.9 percent of the GDP and the change of this parameter is not approached during talks with the International Monetary Fund representatives, Finance Minister Sebastian Vladescu declared on Thursday, before the meeting with the delegation of the IMF, World Bank and the European Commission…

  • IMF may release loan tranches, despite missed inflation target

    The International Monetary Fund (IMF) will most likely release the next two tranches of the loan for Romania, though the country missed the inflation target set for last year, the head of the IMF mission that evaluates the stand-by accord, Jeffrey Franks announced yesterday, quoted by Mediafax…

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