Alexandru Nazare

Bucharest, July 12 /Agerpres/ - The fierce battle inside the National Liberal Party (PNL) for the position of national chairman brings to light serious truths for Romania, said on Monday Chairman of the Transport and Infrastructure Committee of the Chamber of Deputies Ciprian Serban of the Social Democratic Party (PSD).

Prime Minister Florin Citu said on Thursday in Craiova that he started assessing the performance of the members of his cabinet with the portfolio where he proposed the minister, which is the Ministry of Finance, because "if you do not have the courage to do your own analysis then you don't start anymore." "First of all, I did what I promised.

In a surprise move, Romania's Prime Minister, Florin Citu, on Thursday sacked the Minister of Finance, his fellow National Liberal Party member, Alexandru Nazare.

"We have delayed projects at the Ministry of Finance - important projects to attract European funds and to eliminate tax evasion," Citu said after the government meeting in which he fired Nazare.

On Thursday, Prime Minister Florin Citu announced having submitted to President Klaus Iohannis a request for the removal from office of Finance Minister Alexandru Nazare.

The European Commission's summer 2021 economic forecast confirms that Romania is on the right track, but the materialization of growth estimates depends on maintaining balance and prudence in relation to public spending and on capitalizing on European funds, says Minister of Finance Alexandru Nazare.

The Finance Ministry and tech unicorn UiPath announced the signing of their first cooperation agreement, a step forward for rendering operational the Ministry's Robotic Process Automation Center of Excellence.

The budget measures taken this year are enough to secure the European Commission's nod of approval for the adjustment strategy presented in Brussels and the return of the deficit to 3 percent of GDP by 2024, Finance Minister Alexandru Nazare said on Monday at the launch of the Bucharest Stock Exchange - Envisia Boards of Elite partnership dedicated to capital market players.

The Recommendation on the Excessive Deficit Procedure in the case of Romania was adopted on Friday at the Meeting of the Economic and Financial Affairs Council (ECOFIN), in Luxembourg, and our country's commitment is to return to a budget deficit up to 3% of GDP by 2024, according to a press release from the Ministry of Finance.

Minister of Finance Alexandru Nazare and World Bank Country Manager for Romania and Hungary in the Europe and Central Asia Region Tatiana Proskuryakova signed today in Bucharest the loan agreement for the additional 150 million euro funding aimed at supporting the health reform project - improving the quality and efficiency of the health system, a press release of the Finance Ministry informs.

Romania's Ministry of Finance (MF) is starting today issuing three new issues of government securities under its Tesaur programme with maturities of 1, 3 and 5 years and interest rates of 2.95%, 3.35% and 3.65%, according to a statement from the ministry. The government securities will have a face value of 1 lei and are in a dematerialised form.