Expats

Economy is stable ? Romania won?t call on IMF?s reserve loan [Jul 14, 2011] At this moment Romania has a stable economy and no additional fiscal measures are being considered, Public Finance Minister Gheorghe Ialomitianu stated yesterday while attending the launch of the ?White Book of Romanian SMEs 2011,? cotidianul.ro informs. [via YahooNews] More >>

Romania to sign new loan agreement with IMF [Jan 10, 2011] (AP:BUCHAREST, Romania) Romania's finance minister says the country is negotiating a precautionary loan agreement with the International Monetary Fund and the European Commission. [via YahooNews] More >>

Finance minister offers concessions as civil servants continue protests across Romania [Oct 17, 2010] BUCHAREST, Romania - Romania's finance minister made some concessions to trade union leaders Thursday in an effort to appease workers as civil servants around the country again protested over government wage cuts in the public sector. [via YahooNews] More >>

Finance minister offers concessions as civil servants continue protests across Romania [Oct 17, 2010] BUCHAREST, Romania - Romania's finance minister made some concessions to trade union leaders Thursday in an effort to appease workers as civil servants around the country again protested over government wage cuts in the public sector. [via YahooNews] More >>

Romanian finance minister meets unions [Oct 15, 2010] (AP:BUCHAREST, Romania) Romania's finance minister made some concessions to trade union leaders Thursday in an effort to appease workers as civil servants around the country again protested over government wage cuts in the public sector. [via YahooNews] More >>

Romanian finance minister meets unions [Oct 14, 2010] BUCHAREST, Romania - Romania's finance minister made some concessions to trade union leaders Thursday in an effort to appease workers as civil servants around the country again protested over government wage cuts in the public sector. [via YahooNews] More >>

Romanian finance minister meets unions [Oct 14, 2010] (AP:BUCHAREST, Romania) Romania's finance minister made some concessions to trade union leaders Thursday in an effort to appease workers as civil servants around the country again protested over government wage cuts in the public sector. [via YahooNews] More >>

Finance minister to meet unions [Oct 14, 2010] (AP:BUCHAREST, Romania) Romania's finance minister is to meet trade unions as civil servants around Romania Thursday continued their protest over government wage cuts in the public sector. [via YahooNews] More >>

Romania Finance Ministry staff protest wage cuts [Oct 13, 2010] (AP:BUCHAREST, Romania) Romania's finance minister was temporarily trapped in his office when civil servants staged a rowdy demonstration inside the Finance Ministry on Wednesday that sparked a wave of protests across the country against government wage cuts. [via YahooNews] More >>

Tanasescu: Romania doesn?t need another foreign loan for now [Oct 08, 2010] IMF mission to arrive in Bucharest on October 20. The sixth International Monetary Fund evaluation mission is set to arrive in Bucharest on Wednesday, October 20, Mihai Tanasescu, Romania?s representative at the IMF and former Finance Minister told Agerpres. [via YahooNews] More >>

Romania Would Prefer Rompetrol Pay Its Debt in Full, Minister Says [Aug 26, 2010] The Romanian government would prefer Rompetrol Group NV pay its debt to the state in full rather than receive shares from the refinery in a debt-for-equity swap, Finance Minister Sebastian Vladescu said. [via YahooNews] More >>

Romania Starts Austerity Talks with IMF [Jul 26, 2010] An IMF delegation started out negotiations Monday with Romania n authorities to review draconian measures to reduce state spending. Romania n finance minister Sebastian Vldescu was confident that talks will be quick and the new IMF installment will arrive to the crisis-stricken country soon. [via YahooNews] More >>

Romania Starts Austerity Talks with IMF [Jul 26, 2010] An IMF delegation started out negotiations Monday with Romanian authorities to review draconian measures to reduce state spending. Romanian finance minister Sebastian Vldescu was confident that talks will be quick and the new IMF installment will arrive to the crisis-stricken country soon. [via YahooNews] More >>

FT: Romania has a government that is at best dysfunctional [Jul 15, 2010] A miserable few weeks for Romania look set to get even worse: Finance Minister Sebastian Vladescu warned that the economy would probably contract by more than 1.5 per cent this year, a comment by Financial Times reads. [via YahooNews] More >>

Romanian gov't plans to scrap flat tax of 16 pct [Jul 13, 2010] Romania's finance minister says the cash-strapped government plans to scrap the 16 percent flat tax and introduce higher income taxes starting next year, according to a financial newspaper. Romania - Government - Finance - Income tax - Newspaper [via YahooNews] More >>

Romanian gov't plans to scrap flat tax of 16 pct [Jul 13, 2010] (AP:BUCHAREST, Romania) Romania's finance minister says the cash-strapped government plans to scrap the 16 percent flat tax and introduce higher income taxes starting next year, according to a financial newspaper. [via YahooNews] More >>

(AFX UK Focus) 2010-05-02 12:31 Romania missed some IMF targets, aid not at risk-FinMin [May 02, 2010] BUCHAREST, May 2 (Reuters) - Romania has missed some targets agreed with the IMF earlier this year in exchange for aid and talks with the Fund were "complicated", but the aid package was not at risk, Finance Minister Sebastian Vladescu said on Sunday. A mission of the Washington-based lender is in Bucharest until May 7 to review the European Union state's progress in meeting conditions of its 20 ... [via YahooNews] More >>

Romania missed some IMF targets, aid not at risk-FinMin [May 02, 2010] Romania has missed some targets agreed with the IMF earlier this year in exchange for aid and talks with the Fund were "complicated," but the aid package was not at risk, Finance Minister Sebastian Vladescu said on Sunday. [via YahooNews] More >>

(AFX UK Focus) 2010-05-02 12:31 Romania missed some IMF targets, aid not at risk-FinMin [May 02, 2010] BUCHAREST, May 2 (Reuters) - Romania has missed some targets agreed with the IMF earlier this year in exchange for aid and talks with the Fund were "complicated", but the aid package was not at risk, Finance Minister Sebastian Vladescu said on Sunday. A mission of the Washington-based lender is in Bucharest until May 7 to review the European Union state's progress in meeting conditions of its 20 ... [via YahooNews] More >>

Theory and practice [Apr 07, 2010] The job cuts in the private sector have to be compensated through an impulse the state can give by hiking investments and creating jobs, because otherwise we would enter a vicious circle, Finance Minister Sebastian Vladescu recently said in an interview for the national radio station. [via YahooNews] More >>