Ministry of Public Finance

Dancila: Austrian Chancellor's visit, important moment, marking EU Council Presidency handover from Austria to Romania

The Austrian Chancellor's visit to Romania is an important moment, symbolically marking the handover of the Presidency of the EU Council from the Austrian Government to the Government of Romania and the transition from a protected Europe - the motto of the Austrian Presidency - to a Europe in which cohesion is seen as a common value, said Prime Minister Viorica Dancila.

Some 7,000 Bucharest-based companies awarded by CCIB, AGERPRES gets prize for professionalism in business coverage

At the 25th edition of the Top Companies event on Wednesday, the Bucharest Chamber of Commerce and Industry (CCIB) presented its awards to 6,922 Bucharest-based companies and some special prizes, with the AGERPRES Romanian National News Agency receiving an excellence trophy for objectivity and professionalism in covering economic phenomenon.

FinMin Teodorovici: Capping gas prices, a communist practice up to a point, but neccesary due to no competition

The Government's intention of capping gas prices is a communist practice up to a point, but necessary, because on this market there is no competition, and companies raise prices as they please, said Thursday, Finance Minister Eugen Teodorovici, present at the White Book of SMEs launch conference.

Budget surplus ups to 0.7% of GDP after Q1, revenues from VAT, up 20.8%

The consolidated general budget ended Q1 2015 with a significantly higher surplus, 4.9 billion lei, 0.7% of GDP respectively, compared to a surplus of 2.3 billion lei, 0.33% of GDP respectively, in the first two months of this year, according to the data released by the Ministry of Public Finance (MFP).

Photo credit: (c) Cristian NISTOR / AGERPRES ARCHIVE

Romanian bonds yield first time below 2 pct, FinMin borrows 600 million lei

The Ministry of Public Finance (MFP) borrowed 600 million lei from commercial banks on Thursday, at an average yield of 1.99 percent, in a tender of 52-month Government bonds; it was the lowest yield ever obtained by the Romanian state for titles denominated in the national currency.

Photo credit: (c) CRISTIAN NISTOR / AGERPRES ARCHIVE

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