Archive » November 2009 » 26 November 2009 The english news from 26 November 2009
Banks could
The Ministry of Finance is today auctioning state bonds with maturity of one year, worth €500 million. The state is relying on the liquidity of banks and their desire to invest their extra cash they have as a result of the recent cut in the cash reserve ratio on foreign-currency liabilities…
IMF Loan Helped Romania Avert Potential Currency Crisis - Ctrl Bker
Without the EUR20 billion aid package obtained in the spring, Romania might have been unable to prevent growing pressure on the leu, which in turn would have negatively impacted inflation and the leu-denominated household financial assets, central bank's governor Mugur Isarescu said…
Ministry of Economy plans to sell majority stake in Avioane Craiova
Ministry of Economy (ME) announced its plans to offer for sale the share package, accounting for 80.9778 percent of the share capital of Avioane Craiova (south) Co. As well, ME says it is open to attraction of investments to this company by conclusion of partnerships/association for the participation in/the creation of a joint capital company…
The leasing market from Romania - estimated at EUR 1.5 bln
The Romanian leasing market will reach next year, at best, the level registered in 2009, estimated at maximum EUR 1.5 bln, but it may also be below this threshold, subject to the economic evolution, the representatives of the relevant companies estimate, Mediafax informs…