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Romania has to pay EUR 39 mln in costs for EU loan taken in 2009

Featured March 31, 2017 14:17 0 comments

Romania has to pay in April EUR 39 million to the European Union for interests and commission for the stand-by loan taken in 2009, according to the data of the Public Finance Ministry sent to…more »

World Bank Country Manager for Romania

World Bank grants EUR 60 mln loan for Romanian Justice Services Improvement Project

Legal February 01, 2017 15:32 0 comments

The World Bank’s Board of Executive Directors approved today a EUR 60 million (USD 66.99 million equivalent) financing to Romania for the Justice Services Improvement Project. The Romanian Government will contribute with EUR 5 million…more »

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World Bank: Romania’s economy to grow slower by 2019

Finance January 11, 2017 14:42 0 comments

Romania’s economy is set to grow by 3.7 percent in 2017, by 3.4 percent in 2018 and by 3.2 percent in 2019, estimates the World Bank in the report regarding the World Economy Perspectives. For…more »

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World Bank: Romania will benefit from a EUR 500 mln loan to support a sustainable economic growth

Finance December 16, 2016 11:36 0 comments

Romania will benefit from a EUR 500 million loan to support a sustainable economic growth, to make the public finances more efficient and to reform certain institutions in order to improve the standard of living…more »

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World Bank: Romania to post 5.1 percent economic growth in 2016

Business November 22, 2016 14:53 0 comments

Romania will post a 5.1 percent growth in 2016, the World Bank’s latest ECA Economic Update shows. The financial institution‘s previous estimates, released in June, had placed the performance of the Romanian economy at 4…more »

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Romania loses one position to 36th in Doing Business 2017 ranking, behind Kazakhstan

Business October 26, 2016 17:10 0 comments

Romania is on the 36th position in the ranking "Doing Business 2017”, made by World Bank, with a total of 74.26 points, after Kazakhstan. Although the general score registered by Romania in 2016 is by…more »

Coalition for Romania's Development

FIC backs modernization of ANAF through ongoing program with the World Bank

Country Investment Reviews September 27, 2016 12:50 0 comments

The Foreign Investors Council (FIC) has announced that it supports the modernization of ANAF, together the World Bank financing for the implementation of the Revenue Administration Modernization Project (RAMP). Dragos Doros, the president of ANAF,…more »

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World Bank improves growth forecast for Romanian economy to 4 pct in 2016

Featured June 08, 2016 14:55 0 comments

The World Bank has improved slightly the growth forecast for Romania's economy in 2016, from 3.9 to 4 percent. However, its biannual 'Global Economic Prospects' report, released on Tuesday, has revised downwards the growth forecast…more »

nutrient pollution project

Romania could get EUR 48 mln IBRD loan for nutrient pollution prevention

Country Investment Reviews March 03, 2016 11:06 0 comments

Romania’s government has approved the papers necessary for our country to obtain a loan amounting to EUR 48 million from the World Bank’s IBRD (International Bank for Reconstruction and Development), Mediafax informs. The agreement, which…more »

World Bank Country Manager for Romania

Nine out of 15 cities with fastest broadband internet in the world are in Romania

Telecom February 16, 2016 11:48 0 comments

Romania is home to nine out of 15 cities that have the highest broadband internet speeds in the world. However, Romanian authorities should take measures to bridge the digital divide between urban and rural areas,…more »