Archive » July 2009 » 03 July 2009 The english news from 03 July 2009
Isarescu: IMF agreement is an anti-crisis programme, why come with other bombs?
The agreement with the International Monetary Fund and the European Union is an anti-crisis programme and there's no need for other "bomb" programmes to complete it, said BNR Governor Mugur Isarescu…
Boc: Government met first-half deficit target agreed with IMF
Romania has stayed within the first-half budget deficit target of 2009 agreed with the International Monetary Fund (IMF), of 2.7 per cent GDP, according to Finance Ministry data, Agerpres quoted Prime Minister Emil Boc as saying. 'The 2.7 per cent deficit target negotiated with the EC and the IMF has been met and domestic and international pledges are according to schedule,'…
Romanian Lenders To Meet "First House" Financing Conditions With Parent Bks Funding - Ctrl Bker
The Romanian banks could meet the financing conditions asked by the Finance Ministry in the "First House" program only if they get large funds at low costs from the parent banks, the central bank's Financial Stability Unit Ion Dragulin said Thursday…
Prices of poor performing loan packages down to 10%
Local banks last year sold poor performing loan portfolios worth €285 million, at prices worth 25-35 percent of their accounting value, according to players on the market. In the first five months of 2009 alone, the value of such portfolios sold exceeded the 2008 value, but their price fell significantly…