The Romanian Finance Ministry will have to refinance a EUR 4 billion debt in 2011, found a survey issued by ING Bank. The country's public debt fell to EUR 41.2 billion in June from EUR 41.5 billion a month earlier.

Officials in the Romanian and Bulgarian Economy Ministries decided to take a common position as regards the construction of Nabucco gas pipeline, which is a priority project for both countries. Representatives of both ministries met on September 2-3 in the capital city Bucharest to analyze the evolution of the Nabucco project, Romania's Economy Ministry said in a statement on Monday.

Romania and Ukraine will likely face “strong” demand for their planned Eurobond offerings after the Czech Republic raised euro-denominated debt in an oversubscribed issue, Credit Agricole Cheuvreux SA said, quoted by Bloomberg.

Romania's Regional Development and Tourism Ministry, along with the Defense Ministry are planing to built the largest residential compound in Bucharest, which will spread over 186 hectares on sectors 5 and 6 of the capital city.

Romania is looking at extending its financing agreement with the International Monetary Fund and will discuss the future agreement at the October review mission. Romanian president Traian Basescu mentioned the future deal with the IMF at a meeting with Jeffrey Franks, the head of the IMF mission in Romania.

Investment management firm Franklin Templeton has officially taken over the management of Proprietatea fund, after the fund's shareholders vote earlier today, according to Ziarul Financiar.

New Government, new IMF loan. Negotiations will start in October – in Ziarul Financiar, Now and 20 years ago: The IMF program is on track, but the country is off track – in Ziarul Financiar, Romanian and foreign investor keep eye on Flanco – in Ziarul Financiar, Volksbank and BCR clients, one step away from suing their banks – in Ziarul Financiar

The Bershka store in Unirea Shopping Center will open today following an investment of EUR 3.5 million. The store, which covers more than 1,100 sqm on two floors, is located in an area which used to host more 20 smaller stores. These tenants have been moved to other areas in Unirea Shopping Center.

Bonuses paid by employers in Romania to their employees for Christmas, Easter or International Women’s Day (March 8), which exceed 150 lei will be counted for the purposes of social security contributions, according to a draft Government Ordinance.

The Fondul Proprietatea shareholders could approve Franklin Templeton fund manager on Monday, at the general shareholders meeting. The shareholders are also expected to approve the Bucharest Stock Exchange listing for the fund, as well as the listing on other financial markets, and the distribution of dividends for 2008 and 2009.

The Romanian Finance Ministry will have to refinance a EUR 4 billion debt in 2011, found a survey issued by ING Bank. The country's public debt fell to EUR 41.2 billion in June from EUR 41.5 billion a month earlier.

Officials in the Romanian and Bulgarian Economy Ministries decided to take a common position as regards the construction of Nabucco gas pipeline, which is a priority project for both countries. Representatives of both ministries met on September 2-3 in the capital city Bucharest to analyze the evolution of the Nabucco project, Romania's Economy Ministry said in a statement on Monday.

Romania and Ukraine will likely face “strong” demand for their planned Eurobond offerings after the Czech Republic raised euro-denominated debt in an oversubscribed issue, Credit Agricole Cheuvreux SA said, quoted by Bloomberg.

Romania's Regional Development and Tourism Ministry, along with the Defense Ministry are planing to built the largest residential compound in Bucharest, which will spread over 186 hectares on sectors 5 and 6 of the capital city.

Romania is looking at extending its financing agreement with the International Monetary Fund and will discuss the future agreement at the October review mission. Romanian president Traian Basescu mentioned the future deal with the IMF at a meeting with Jeffrey Franks, the head of the IMF mission in Romania.

Investment management firm Franklin Templeton has officially taken over the management of Proprietatea fund, after the fund's shareholders vote earlier today, according to Ziarul Financiar.

New Government, new IMF loan. Negotiations will start in October – in Ziarul Financiar, Now and 20 years ago: The IMF program is on track, but the country is off track – in Ziarul Financiar, Romanian and foreign investor keep eye on Flanco – in Ziarul Financiar, Volksbank and BCR clients, one step away from suing their banks – in Ziarul Financiar

The Bershka store in Unirea Shopping Center will open today following an investment of EUR 3.5 million. The store, which covers more than 1,100 sqm on two floors, is located in an area which used to host more 20 smaller stores. These tenants have been moved to other areas in Unirea Shopping Center.

Bonuses paid by employers in Romania to their employees for Christmas, Easter or International Women’s Day (March 8), which exceed 150 lei will be counted for the purposes of social security contributions, according to a draft Government Ordinance.

The Fondul Proprietatea shareholders could approve Franklin Templeton fund manager on Monday, at the general shareholders meeting. The shareholders are also expected to approve the Bucharest Stock Exchange listing for the fund, as well as the listing on other financial markets, and the distribution of dividends for 2008 and 2009.