Archive » November 2009 » 06 November 2009 The english news from 06 November 2009
State budget needs €400 mln in 48 hours
The Ministry of Finance plans to issue bonds today worth €400 million, considering that the third loan tranche of the stand-by agreement with the International Monetary Fund (IMF) is no longer a sure thing. "This is a procedure that the Ministry of Finance resorts to... it's a sort of insurance. They are proactive, this is a very good thing. The amount of 400 million is not very large for Romania"…
Economic Crisis Cuts Down Working Hours In European Union - Study
A full time employee in Romania worked around 20 minutes less in the second quarter of 2009, compared to the same period in 2008, because of the economic crisis, while European Union employees overall work an average 40 minutes less, according to research published Thursday by Eurostat…
FinMin: We hope we'll not overshoot budget deficit target too much
The government will take all the measures it has available in order to meet the 2009 budget deficit target of 7.3 percent of GDP, Public Finances Minister Gheorghe Pogea said on Thursday, after talks with a visiting delegation of the International Monetary Fund…
New industrial orders up 31.3 pc in September
The new industrial orders on both the internal and external markets have grown by 31.3 per cent in September compared to the level registered the month before, but have dropped by 19.3 per cent when compared to the level registered in September 2008…