Florin Cîţu

NBR stimulates the economy through a new interest rate cut

Bogdan Tudorache The National Bank of Romania (BNR) announced a further reduction of the monetary policy interest rate to 1.25…

Changes in the Steering Committee for the implementation of the SNN Units 3 and 4 Project

Bogdan Tudorache The composition of the Strategic Coordination Committee for the implementation of the SNN Units 3 and 4 Project…

MPs to vote for the government led by premier-designate Florin Cîțu

The Parliament resulted after the elections on December 6, convenes today to validate the list of ministers and the governing…

Gov’t allotted over 41 mln. lei for the supply of thermal energy in three municipalities

The government approved the allocation of 41 million lei to ensure the continuity of centralized heat supply to the population…

Cîţu: Elcen and Termoenergetica will go out of insolvency by the end of December

Elcen and Termoenergetica will go out of insolvency by the end of December, said the Minister of Public Finance, Florin…

Cîţu: We found solutions to get Elcen out of insolvency

The Minister of Public Finance, Florin Cîţu, announced on Thursday that solutions have been found to remove Elcen from insolvency,…

Romania’s deficit after the first 10 months is of 7% of GDP

The budget deficit after the first ten months of this year is of 74.04 billion lei, respectively 7% of GDP,…

Cîţu: V-shape comeback of the economy, up 5.6% in Q3

The economy grew by 5.6% in the third quarter (Q3), and official data show a recovery in the V shape…

Cîţu: We exclude the possibility of an agreement with the IMF

The Minister of Public Finance, Florin Cîţu, said on Monday that he excludes the variant of an agreement with the…

Ministry of Finance continues the investigation at the Bucharest City Hall

Inspectors from the Ministry of Finance visited the Bucharest City Hall on Monday to continue the investigation stopped in the…

EIB supports Romanian companies with new financing lines worth a total of 190 mln. euro

Bogdan Tudorache Hundreds of companies across Romania will benefit from EUR 190 million of new private sector European Investment Bank…

Minister of Finance: Bucharest City Hall has debts to Elcen and RADET of 837 mln. lei

The total revenues of the Bucharest City Hall this year were of 3.4-3.5 billion lei, and in September the revenues…

Cîţu: Romania postst the lowest inflation rate, since October 2017

Romania has the lowest inflation rate since October 2017, the Minister of Public Finance, Florin Cîţu, said on Monday, referring…

Minister of Finance: The return in a ”V” shape of the economy is a certainty

The “V” shape return of the economy is a certainty and all the official data from the National Institute of…

Cîţu: An amount of 10.77 billion lei has been allocated, in addition, to support jobs

The Ministry of Labor and Social Protection received 3.57 billion lei more than the initial budget, and the Unemployment Insurance…

Cîţu: At the moment I do not see a need for new issuances on the international markets

Romania will end the year 2020 with a smaller deficit than the European Union countries and will be the country…

Romania’s economy contracted by 12.3% in Q2

Romania’s economy recorded a decline of 12.3% in the second quarter of this year (Q2) as compared to the first…

Gov’t approves the budget correction by emergency ordinance

Bogdan Tudorache The government will approve an Emergency Ordinance on Friday, which will bring some necessary changes to implement the…

Florin Cîţu: Half of the budget deficit in 2020 represents the cost of the economic crisis

Half of the 2020 budget deficit is the cost of the economic crisis, and this cost has two components, an…

Cîţu: Romania will avoid the technical recession and will have a contraction of the economy less than the estimates of the rating agencies

Romania will avoid the technical recession and will have a smaller contraction of the economy than the public estimates made…