Archive » June 2009 » 10 June 2009 The english news from 10 June 2009
Romania's Finance Ministry collects lei 1.26bn for one month, at average yield of 10.21% per year
Romania's Public Finance Ministry (MFP) sold today treasury certificates with discount maturing in one month for a total 1.26 billion lei (299.22 million euros) at an average annual yield of 10.21 percent, down from the one accepted at the previous bid, the central lender announced. MFP collected 37 percent less than the 2 billion lei announced initially. The maximum accepted yield stood at 10.75 percent per year…
Private Government's "to do" list for labor market
Minister of Labor Marian Sarbu, together with business leaders and human resource consultants, met yesterday for the "Private Government" debate, and agreed on the government's anti-crisis measure "to do" list for the labor market, considering that employers are facing increasingly more difficulties in retaining their employees…
Romanian Govt To Set Max Rates, Fees In "First House" Program
The Romanian government will set maximum interest rates and fees for banks to take part in the "First House" program, and the client who buys a dwelling that costs more than EUR60,000 will have to pay the difference out of its own funds, banking sources told MEDIAFAX Tuesday…
GDP dropped 6.2 pc in Q1
The economy shrank 6.2 per cent in the first quarter 2009, compared to the same period of the past year, less than the previous estimate of 6.4 per cent. The decline was determined by marked decreases in agriculture and industry, according to the data of the National Statistics Institute. In nominal terms, GDP was RON 96.52 bln in the first quarter, falling 6.2 per cent in real terms against the same period of the past year…