Florentina Cernat

Head of small businesses' umbrella organisation: 2019 state budget fragile, built on chimerical commitment appropriations

This year's state budget is fragile and unbalanced, since it relies on commitment appropriations which are actually chimeras and mean rolling over payments from one year to another, Florin Jianu, president of Romania's National Council of Small and Medium-sized Private Enterprises (CNIPMMR) told a press conference.

New Draft Budget Law: Deficit of 36.15bn lei from 34.85bn lei in previous version

Bucharest, Feb 9 /Agerpres/ - The new Draft Budget Law, posted on Friday night on the website of the Ministry of Finance, provides for a deficit of the state budget of 36.157 billion lei, by 1.3 billion lei higher than in the version the previous one, of 34.857 billion lei.

Competition Council hands down sanctions worth 93 million euro in 2018

The Competition Council handed down fines worth a total of 435 million lei (93 million euro) in 2018, this being the second year with the highest fines in the history of the institution, President of the Competition Council Bogdan Chiritoiu told a news conference on Tuesday.

By comparison, in 2017, there were handed down fines worth 123 million lei.

Business Minister: More than 14,000 business plans entered in Start-Up Nation 2018 program as of Jan 16

As many as 14,000 business plans had been entered in the Start-Up Nation 2018 application by Wednesday, Minister for the Business Environment, Commerce and Entrepreneurship Stefan-Radu Oprea told a press conference.

"Up until now we have over 14,000 business plans in the system and over 20,000 registered users," Oprea said.

#Romania2019.eu/Teodorovici: We are ready to work at a sustained pace to have an agreement on EU budget by year-end

Romania is ready to work at a sustained pace during the negotiations on the future European budget for 2021-2027, so that an agreement to be reached by the end of this year, Minister of Finance, Eugen Teodorovici, said in a release sent to AGERPRES on Saturday.

Fitch affirms Bucharest municipality ratings at 'BBB-' with stable outlook

Fitch Ratings on Friday affirmed the Romanian City of Bucharest's Long-Term Local- and Foreign-Currency Issuer Default Ratings (IDRs) at 'BBB-' with stable outlook, according to a release of this financial rating agency.

Moreover, the rating agency also affirmed the Short-Term Foreign-Currency IDR at 'F3'.

FinMin Teodorovici: I have asked PM to dismiss ANAF head Ionut Misa

Finance Minister Eugen Teodorovici announced on Thursday that he asked Prime Minister Viorica Dancila to dismiss chairman of the National Agency for Fiscal Administration (ANAF) Ionut Misa.

"ANAF must radically change its behaviour in economy," the minister said. AGERPRES (RO - author: Florentina Cernat, editor: Nicoleta Gherasi; EN - author: Adina Panaitescu, editor: Rodica State)

FORT: Romanian transport operators prepare big protests nationwide, in Europe

Bucharest, Dec 29 /Agerpres/ - The Ministry of Transport has halted the entire road transport sector and the operators are preparing big protests in the country and in Europe, reads a Saturday's release issued by the Federation of Romanian Transport Operators (FORT) for AGERPRES.

IMF's Hajdenberg: Recent modifications to financial system to curtail loans given to real economy

The recently passed laws in the Parliament that bring modifications to the financial system will result in curtailing the loans given to the real economy and will negatively affect the financial stability, Alejandro Hajdenberg, the resident representative of the International Monetary Funds for Romania and Bulgaria, told AGERPRES.

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