Romania's external debt has reached EUR 90 billion, out of which the Romanian state has to pay EUR 18.5 billion, the Romanian Central Bank (BNR)- other EUR 9 billion, while EUR 17 billion stem from the population, according to BNR data.

*The Government approved unitary salary law: 15% increase of the base salary every year – in Ziarul Financiar
*IMF and Fiscal Council criticize the income tax drop from 16 to 10% – in Ziarul Financiar
*Ovidiu Buluc, HelpNet: Four out of ten pharmacies are making losses – in Ziarul Financiar
*Alpha made EUR 10 million gross profit in the third quarter, up 23% – in Ziarul Financiar

The average unemployment aid in Romania next year will be 10 percent lower than this year, down to EUR 111 from the current EUR 122, while unemployment aid for young graduates will be kept at EUR 70.

Dominique Strauss-Kahn (in picture), the head of the International Monetary Fund, has recently said in a TV interview that Romania and several other European states are on the brink of disaster, but that he didn't believe in bankruptcy. He mentioned Greece, Ireland, Latvia, Hungary and Romania.

Romania has no reason to halt its external payments, said Mugur Isarescu (in picture), the Romanian Central Bank Governor, in response to the recent statement by International Monetary Fund head Dominique Strauss-Kahn. The IMF official recently said Romania, along with other countries, could face insolvency.

Romanian lender Banca Transilvania has postponed its plan to sell shares on the Vienna Stock Exchange until next year because of legal problems with shareholder SIF Banat- Crisana, Chief Executive Officer Robert C. Rekkers said, quoted by Bloomberg

Romania's Finance Ministry on Thursday sold three-year foreign currency bonds worth EUR 1.3 billion, above the planned amount, at an average yield of 4.8 percent a year.

US companies have invested USD 1.2 billion in Romania since 2009 and American companies are still interested in making local investments, according to Mark Gitenstein, the US ambassador to Romania. Procter & Gamble is one of these investors, said Gitenstein, quoted by Romanian media.

Romania could invest EUR 30 billion in the energy sector by 2020, with the main source of financing for the investments being the Bucharest Stock Exchange, said Varujan Vosganian, president of the Economy, Industries and Services commission in the Senate, who attended the Energy Forum 2010.

Ford Romania will launch two new car models by 2013 and aims to sell 300,000 units a year in the following three years, according to Dionisio Campos, president of Ford Romania. Around 80 percent of the Romanian production will go to export

Romania's external debt has reached EUR 90 billion, out of which the Romanian state has to pay EUR 18.5 billion, the Romanian Central Bank (BNR)- other EUR 9 billion, while EUR 17 billion stem from the population, according to BNR data.

*The Government approved unitary salary law: 15% increase of the base salary every year – in Ziarul Financiar
*IMF and Fiscal Council criticize the income tax drop from 16 to 10% – in Ziarul Financiar
*Ovidiu Buluc, HelpNet: Four out of ten pharmacies are making losses – in Ziarul Financiar
*Alpha made EUR 10 million gross profit in the third quarter, up 23% – in Ziarul Financiar

The average unemployment aid in Romania next year will be 10 percent lower than this year, down to EUR 111 from the current EUR 122, while unemployment aid for young graduates will be kept at EUR 70.

Dominique Strauss-Kahn (in picture), the head of the International Monetary Fund, has recently said in a TV interview that Romania and several other European states are on the brink of disaster, but that he didn't believe in bankruptcy. He mentioned Greece, Ireland, Latvia, Hungary and Romania.

Romania has no reason to halt its external payments, said Mugur Isarescu (in picture), the Romanian Central Bank Governor, in response to the recent statement by International Monetary Fund head Dominique Strauss-Kahn. The IMF official recently said Romania, along with other countries, could face insolvency.

Romanian lender Banca Transilvania has postponed its plan to sell shares on the Vienna Stock Exchange until next year because of legal problems with shareholder SIF Banat- Crisana, Chief Executive Officer Robert C. Rekkers said, quoted by Bloomberg

Romania's Finance Ministry on Thursday sold three-year foreign currency bonds worth EUR 1.3 billion, above the planned amount, at an average yield of 4.8 percent a year.

US companies have invested USD 1.2 billion in Romania since 2009 and American companies are still interested in making local investments, according to Mark Gitenstein, the US ambassador to Romania. Procter & Gamble is one of these investors, said Gitenstein, quoted by Romanian media.

Romania could invest EUR 30 billion in the energy sector by 2020, with the main source of financing for the investments being the Bucharest Stock Exchange, said Varujan Vosganian, president of the Economy, Industries and Services commission in the Senate, who attended the Energy Forum 2010.

Ford Romania will launch two new car models by 2013 and aims to sell 300,000 units a year in the following three years, according to Dionisio Campos, president of Ford Romania. Around 80 percent of the Romanian production will go to export