Romania is in the group of countries with lower risks for public finance sustainability together with Bulgaria, Denmark, Germany, Estonia, Latvia, Hungary and Sweden, according to the conclusions of the Ecofin report on public finance sustainability among EU member states, Romanian minister for budget Liviu Voinea said in a statement. Voinea stressed that Romania backed preventive measures over corrective measures in the pursuit of fiscal consolidation. He also commented about the negative impact on the budget balance of freezing the intermediary payments from the EU budget and about the permanent impact of would-be financial corrections imposed to the disbursement of EU cohesion funds to Romania. |
Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more