UPDATE Romania's end-2019 budget deficit at 4.6 pct of GDPRomania closed 2019 with a budget deficit of 4.6 percent of GDP, above the authorities' November estimation, when the second budget adjustment was operated, Finance Minister Florin Citu announced on Tuesday.
The only time with a wider budget gap was the crisis year of 2010, when the government (...)
Iulian Dascalu Offers EUR23.5M for 31% in CarbochimReal estate developer Iulius, owned by Iulian Dascalu, is offering RON23.5 million to acquire 31% of industrial abrasives manufacturer Carbochim (CBC.RO) via Carbo Europe in an offer on the Bucharest Stock Exchange that ends on March (...)
Three-month interbank offered rate rises to 3.18 ppaRomania's three-month interbank offered rate ROBOR rose on Tuesday to 3.18 ppa, from 3.16 ppa, on Monday, according to data published by the National Bank of Romania (BNR).
At the beginning of last year, the three-month ROBOR was 2.99 per year, and at the end of the year 2.18 pct. On the same (...)
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