Archive » May 2009 » 29 May 2009 The english news from 29 May 2009
Dn Payment Of 5% For EUR60,000 Guaranteed By State In First House Proj
The downpayment of 5% from the loan contracted to buy the first house will be calculated for the EUR60,000 guaranteed by the state, while banks can ask for a higher down payment for the difference of the sum, and the interest will be correlated with EURIBOR (Euro Interbank Offered Rate).…
Government plans foreign loan for cogeneration plants
The government plans to apply for a foreign loan worth several billion euro to modernize cogeneration plants, because apartment building heating system units are not a viable medium-term solution, Prime Minister Emil Boc announced yesterday during a conference regarding Romania's energy strategy, organized by the Mediafax news agency.…
Vosganian: Local administrations have money for salaries only until August
The Boc administration has incomes 7 pc lower, but expenses 12 pc higher, and this explains why the deficit is so high, former Finance Minister Varujan Vosganian declared, quoted by Realitatea.net. "They will give up spending money on investments so that they can pay salaries and pensions.…
Head of state-run lender CEC Bank reconfirmed in post, Finance Ministry decides
Romania's Public Finance Ministry (MFP) decided to keep banker Radu Gratian Ghetea as head of the oldest state-run lender CEC Bank and reconfirmed the board, Ghetea told NewsIn.…