money

Credit Europe Bank Pays Back People Whose Accounts Were Emptied

Romania’s Credit Europe Bank, the local subsidiary of Credit Europe Bank N.V., started paying back clients of its branch in Brasov, central Romania, who had money drawn from their accounts without their permission, the bank said Thursday.

Romania’s Agriculture Ministry Has Spent Over 90% Of 2010 Budget

Romania’s Agriculture Ministry has spent over 90% of this year’s budget on paying subsidies and outstanding debts for the previous year, and can only afford to subsidize diesel fuel, Agriculture Minister Mihail Dumitru told MEDIAFAX Wednesday.

Romanians To Spend RON96B In Retail Stores This Year, Up 7% On ’09 – Euromonitor

Romanians will spend 96.4 billion lei (EUR1=RON4.0682) this year on food and non-food products, some 7% more than in 2009, and will mostly target modern commerce, which will lead to the bankruptcy of over 900 small stores and boutiques, according to Euromonitor.

Romania Agriculture Ministry Says There Is No Money To Meet Farmers’ Demands

Romania’s Agriculture Ministry state secretary Adrian Radulescu said Tuesday, after a meeting with representatives of union federation Agrostar, that most of farmers’ claims cannot be solved on lack of money.

Romanian Govt Faced With Tough Choices If IMF Halts Payment – Pres

Romanian President Traian Basescu said Friday on national radio station RRA that if Romania does not receive the money from the IMF and EU, any government, approved or provisional, will have to decide "where to cut payment," a choice between paying salaries and wages, or paying for investments.

Forty Romanian Roma Agreed To Leave Italy In Exchange Of Money – Press

Local authorities in the Province of Pisa, Italy, repatriated 40 ethnic Roma Romanian citizens who agreed to leave Italy in exchange of sums ranging from EUR500 to EUR1,500, AGI news agency reported on its website.

The Liberal Govt Spent All The Money, Left Us Penniless – Romanian PM

The liberals have spent EUR4 billion in the last quarter of governing, money that could have covered the budget deficit in 2009 without loans from the European Commission, and have depleted the funds obtained from the sale of BCR, but they are still the ones to comment, said prime minister Emil Boc.

Romanian Govt To Redistribute Money Left Unspent In 2008 To Local Authorities

The Romanian government will redistribute to local authorities funds that weren’t spent in 2008, after it had previously decided to have that money returned to the state budget, Prime Minister Emil Boc said Tuesday.

Romanian Loteria II Case Involves Stock Mkt Manipulation Operations

Romanian anticorruption prosecutors charged businessman Gheorghe Copos and the other 12 people involved in the Loteria II case with stock market and Rasdaq market manipulation operations.

Romanian Money Mkt Rates At 17.81%, In Line With Ctrl Bk Norms

Romanian banks have published on Thursday money market rates of 17.8% on the year for all maturities, in line with the central bank’s maximum accepted level for ROBOR rates set on October 23, dealers said.

Lawyer Elena Udrea To Return Fees Collected From State Protocol Administration For Legal Assistance

The executive secretary of Romania’s Democratic Liberal Party (PDL), Elena Udrea, said Thursday she decided to give back the money obtained for legal assistance services provided in 2003 and 2004 to the state protocol administration authority RA-APPS.

Two Busted With Counterfeit Money In Western Romania

Two young men were caught red-handed Wednesday in Romania’s western city of Oradea, as they were trying to launch counterfeit bills of RON100.

Romanians Working In Italy Sent Nearly EUR3.5B To Romania Over Last Three Yrs- ZF

The Romanians working in Italy, who are now faced with a difficult situation, following the murder of the 47-year old Italian woman Giovanna Reggiani by a Romanian citizen, sent nearly EUR3.5 billion to Romania, during the last three years, and thus significantly contributed to pushing consumption upwards.