Expats

IMF sets aside total ?4.6 bn for Romania [Mar 26, 2011] The IMF approved a new ?3.6 billion loan for cash-strapped Romania on Friday, and said it would make ?1 billion available from a previously-announced loan.The Washington-based International Monetary Fund ... [via YahooNews] More >>

IMF sets aside total ?4.6 bn for Romania [Mar 26, 2011] The IMF approved a new ?3.6 billion loan for cash-strapped Romania on Friday, and said it would make ?1 billion available from a previously-announced loan. [via YahooNews] More >>

Conflict over 1.1 billion euro wind farm leaves 5 injured by rubber bullets in Romania [Jul 26, 2010] BUCHAREST, Romania - A clash between guards at a Czech wind farm project and local residents opposing the building of the 1.1 billion (US$1.42 billion) plant left five people injured by rubber bullets in southeastern Romania Monday, authorities said. [via YahooNews] More >>

Conflict over 1.1 billion euro wind farm leaves 5 injured by rubber bullets in Romania [Jul 26, 2010] BUCHAREST, Romania - Romanian authorities say five people were injured Monday by rubber bullets in an altercation over the over the building of a ?.1 billion (US$1.42 billion) wind farm in southeastern Romania. [via YahooNews] More >>

Romania Awaits IMF Loan Review as Government Raises VAT to Plug Budge Hole [Jun 28, 2010] The International Monetary Fund board will meet June 30 to consider an 850,000-euro ($1 billion) loan installment for Romania after the government raised the value-added tax to meet an IMF-mandated budget-deficit target. [via YahooNews] More >>

Market Commentary and Intraday News [May 12, 2010] (AP:CREVEDIA, Romania) Jeff Kirby lovingly turns the pages of a book that details his plans to transform a dusty Romanian village by building 7,000 new homes worth $1 billion, one of the country's biggest real estate projects ever. [via YahooNews] More >>

Romania to Attract EU1 Billion in Investment, London Mayor Says [Apr 28, 2010] April 28 (Bloomberg) -- Romania will attract 1 billion euros ($1.3 billion) in infrastructure from an international group, Nick Anstee , the Lord Mayor of the City of London said, after he held meetings with investors in Bucharest. [via YahooNews] More >>

Romania Has No Immediate Plans for New Bond Sale, Vladescu Says (Bloomberg) [Mar 15, 2010] March 15 (Bloomberg) -- Romania?s government has no immediate plans for another bonds sale after the successful issue of 1 billion euros in five-year bonds last week, Finance Minister Sebastian Vladescu said. [via YahooNews] More >>

(AFX UK Focus) 2010-03-15 11:35 UPDATE 1-Romania ready to tap mkts again after Eurobond (Interactive Investor) [Mar 15, 2010] BUCHAREST, March 15 (Reuters) - Romania is ready to tap international markets again after it sold 1 billion euros in a Eurobond last week, but it has yet to set a date, Finance Minister Sebastian Vladescu said on Monday. Romania, which had resorted to IMF loans in 2009, attracted hefty demand for its benchmark 5-year issue, underlining interest in central European issuers whose debt position ... [via YahooNews] More >>

(AFX UK Focus) 2010-03-11 16:02 UPDATE 1-Romania sells 1 bln euro Eurobond, draws strong demand (Interactive Investor) [Mar 11, 2010] BUCHAREST, March 11 (Reuters) - Romania attracted hefty demand for a five-year Eurobond sale on Thursday, selling 1 billion euros at 268 basis points over mid-swaps in its first outing onto the market since the financial crisis. Bucharest, which had to reach out to the IMF for aid last year, drew total bids of 4.9 billion euros, underlining interest in Central European issuers, whose debt ... [via YahooNews] More >>