Archive » October 2009 » 14 October 2009 The english news from 14 October 2009
Financial markets expect BNR to keep the exchange rate below RON 4.3/E1
International economic analysts said that the National Bank of Romania (BNR) will intervene to prevent the national currency from depreciating massively. "I believe that the latest political evolutions will sharply affect the leu in a negative way, but, at the same time, we believe that BNR is ready to intervene on the foreign currency market to remove any risk of a sharp depreciation" …
Lybek: IMF expects Romania to observe commitments regardless of government
IMF expects Romania to fulfill the commitments assumed through the foreign funding agreement regardless of who makes up the Executive, the IMF representative Tonny Lybek stressed, the online edition of the daily Romania Libera reports. "We have a programme with Romania, not with a certain government"…
Fin Min Official: 2010 State Budget Draft Won't Be Sent To Parliament In Due Time
The budget draft would not be sent to Parliament in due time, by the legal deadline October 15, Romanian Finance Ministry state secretary Gheorghe Gherghina told Mediafax Tuesday. Emil Boc's minority government lost a confidence vote in Parliament Tuesday, as lawmakers voted 254 to 176 to overthrow the Cabinet, a first in Romania's twenty years of post-communist history…
Parliament passes motion of censure
Parliament on Tuesday passed a motion of censure called '11 versus Romania' against the Government, 254 to 176, Chamber of Deputies Secretary Valeriu Zgonea reports. He says 448 MPs from both chambers attended the vote session, 434 of whom cast ballots…