Eugen Teodorovici
EU states back easier sale of bank bad loans, no deal on foreclosures
EU ambassadors backed on Wednesday new rules to facilitate banks' sales of bad loans on their books but failed to agree on a reform that would make it easier for lenders to recover assets from borrowers who default.
FinMin Teodorovici: EU officials only feign interest in citizens, everyone for themselves
The Country Report presented by the European Commission that includes Romania in the imbalanced states' category was drafted based on media-provided information and placed in a wrong context, and the European officials often only feign interest in the EU citizens, while seeing to their own interest, Romanian Finance Minister Eugen Teodorovici on Friday told an event organised by the European Co
FinMin Teodorovici: To come up with amendment proposal of OUG 114, following dialogue, not through coercion
Minister of Public Finance Eugen Teodorovici announced on Monday in Parliament that the Government will come up with a proposal to amend Emergency Ordinance (OUG) 114, resulting from the dialogue and the interest of the business environment, not through the coercion or under the pressure of companies. "I have always been a man of dialogue, and I will repeat it as many times as necessary.
FinMin Teodorovici after budget bill passed: All payment obligations will be ensured
Public Finance Minister Eugen Teodorovici stated on Wednesday after Parliament rejected President Klaus Iohannis's request for the reexamination of the 2019 state budget law, by passing the bill as originally sent to the President for promulgation, that all the payments pledged for both projects and the "social area" will be secured.
EC: Romania is confronted with increased risks-current account deficit deteriorates, increase of unit labour costs
Romania is confronted with increased risks in the form of the current account deficit deteriorating and the increase of unit labor costs, and the recent government decisions have increased the risks in the financial sector and they could negatively affect private investment, the European Commission shows in the Country Report Romania published on Wednesday.
New development, transport minister sworn in office
Social Democrats Daniel Suciu and Razvan Cuc on Friday were sworn in office as deputy prime minister and minister of regional development and public administration, and minister of transport, respectively, at a ceremony at the Cotroceni Presidential Palace. Attending on behalf of the Government were several ministers. Prime Minister Viorica Dancila did not attend, as she was in Madrid.
PSD: As of today, Iohannis' electoral campaign, to cost 6.9 million euro per day
The Social Democrats argue that "starting today" President Klaus Iohannis' campaign will cost Romania 6.9 million euro a day, representing European funds not absorbed by the Ministry of Transport and the Ministry of Development." "Starting today, Iohannis Spanner-in-the-works electoral campaign will cost Romania 6.9 million euro a day, representing European funds not absorbed by the Ministry of
Ruling coalition, PM to decide on companies to be included in Sovereign Development and Investment Fund
Speaker of the Chamber of Deputies Liviu Dragnea on Monday said he has agreed with Senate President Calin Popescu-Tariceanu to have a meeting of the ruling coalition with Premier Viorica Dancila and Public Finance Minister Eugen Teodorovici to decide upon the companies that are to be included in the Sovereign Development and Investment Fund (FSDI).
Advance of Romanian economy slows down to 4.1pct in 2018
The advance of the Romanian economy slowed down to 4.1 pct in 2018, from 7 pct in the previous year, according to the alarm estimates published on Thursday by the National Institute of Statistics (INS).
FinMin Teodorovici: Ministry of Finance to play a key role in a pro-active approach in budget making
Ministry of Public Finance will have a pro-active approach in the execution of the budget for 2019, Minister Eugen Teodorovici told a plenary sitting of Parliament on Wednesday.