Archive » June 2006 » 29 June 2006 The english news from 29 June 2006
Romania: Volksbank Estimates €12 M Profit in 2006
Volksbank Romania estimates for this year a EUR 10-12 M profit, given the fact the market is developing, stated the new president of the bank, Gerald Schreiner. According to estimations, the bank’s profitability would triple, as the net profit last year was approx EUR 3 M, Nine O'Clock reports.…
Romania: Budget Surplus of 1.3 pc of GDP for Five Months
The general consolidated budget in the first five months registered a surplus of 1.3 per cent of the GDP (RON 4.1 bln), more than in the previous months, resulting from revenues of RON 41.2 bln and expenditures of RON 37.04 bln, Nine O'Clock reports…
Romania: Goverment Aims at Increasing Budget Deficit to 2.5 of GDP
The Romanian Finance minister Sebastian Vladescu announced that a proposal of increasing the current state’s budget deficit three fold, from 0.9% to 2.5% of GDP , is now being debated on, following a discussion with the PM Calin Popescu Tariceanu and the Central Bank Governor Mugur Isarescu, according to HotNews Romania.…
Romania: Romania to Reply Against Ukraine
Romania is going to send the International Court of Justice a reply to Ukraine's counter report on Romania's solicitation regarding the delimitation of the two states' areas in the Black Sea continental plateau and exclusive economic areas, according to Ziua reports.…