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MedLife receives EUR 40 million financing from IFC and BCR

News August 16, 2011 11:27 0 comments

Medical services operator MedLife announced it had received a EUR 40 million syndicated credit from the IFC and Banca Comerciala Romana BCR to finance a EUR 52 million investment program in between 2011 and 2015. …more »

Romanian government has to be cautious and avoid sliding into populism, says president Basescu

News August 10, 2011 16:21 0 comments

Traian Basescu presented in a public statement, yesterday evening, the main conclusions of the meeting with representatives of the financial sector. This meeting was attended by the Finance minister, Gheorghe Ialomitianu, National Bank governor, Mugur…more »

Romania will see three quarters of economic growth, officially pulling out of the recession, says Prime Minister Boc

News August 02, 2011 07:25 0 comments

The joint mission of the IMF, European Commission and World Bank has finalized the quarterly review of  Romania’s economic program. The team’s assessment is that the program remains on track and program policies have been…more »

State-owned energy companies will have private management, as agreed with the IMF

Human Resources July 26, 2011 15:48 0 comments

Ion Ariton, the Minister of Economy, Commerce and Business Environment(MECMA) met today with the joint mission of IMF, World Bank and European Commission. The mission expressed positive feelings based on the preliminary economical dates, for…more »

IMF mission arrives in Romania for second review

Banking July 22, 2011 11:24 0 comments

An International Monetary Fund mission lead by Jeffrey Franks, together with teams from the World Bank and the European Commission will conduct the second review of Romania’s EUR 3.5 billion precautionary arrangement, from July 20…more »

The World Bank approves second loan in the agreement in value of EUR 300mln

News January 21, 2011 13:58 0 comments

The World Bank has approved on Thursday the second loan in value of EUR 300 million as part of the financing agreement of EUR 1 billion, according to Stefan Nanu, representative of World Bank in…more »

The World Bank, IMF and EC will finance Romania in a two year agreement

News January 19, 2011 16:11 0 comments

The World Bank will grant Romania technical assistance and financing as part of a new agreement that will be signed also with IMF and the European Commission, most probably for a period of two years,…more »

World Bank: Romania, among the Central-Eastern Europe countries which applies ample restructuration methods

News January 13, 2011 13:20 0 comments

The World Bank has included Romania among developing economies in Central and Eastern Europe that are applying the most ample restructuration methods, according to the report Global Economic Prospects 2011. Along with Romania, there are…more »

Paying taxes is getting easier despite economic downturn, PwC report shows

News November 23, 2010 19:44 0 comments

Nearly 60 percent of the world’s economies have made significant business regulatory changes to ease paying taxes, despite the impact of the downturn and the sluggish global recovery, according to Paying Taxes 2011, a new…more »

Romania down one place in World Bank Doing Business report

News November 04, 2010 13:40 0 comments

Romania's rank in Doing Business 2011,a report which analyzes regulations that apply to an economy’s businesses during their life cycle, including start-up and operations, trading across borders, paying taxes, and closing a business is 56,…more »