Romania is ready to issue longer-term domestic debt in an attempt to accommodate investors demand, daily Ziarul Financiar quoted finance minister Gheorghe Ialomitianu as saying. The share of short-term debt in the total debt issued by the Treasury decreased from 82% in 2009 to 75% in 2010 and 65.8% in Jan-Nov 2011, the daily said. But the large volume of outstanding T-bills, amounting to 15.8% of the countrys total EUR 49bn (38.8% of GDP), is often mentioned by analysts as a vulnerability in the light of rising investors risk aversion. |
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