Bloomberg: Romania Parliament Approves Law to Convert Swiss-Franc Loans

Monday, October 24, 2016

Legislation allows conversion into lei at historical rates Banks may incur losses of $586 million, central bank says Romanian lawmakers approved a bill allowing the ...

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Financial & Banking

Monday, October 24, 2016

The impact of elimination of the 102 taxes is of 1.6 billion lei, double against the draft estimate
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Dumitru (Fiscal Council): We are witnessing unsustainable economic growth
MFP signed with Transearch International the contract for the selection of the new leadership of CEC Bank
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Directors with the Public Finance Ministry and the National Tax Administration Agency are prosecuted for 600 million lei tax evasion
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Bloomberg: Romania Parliament Approves Law to Convert Swiss-Franc Loans
ANAF has so far this year realised assets worth 31 million euro from judicial execution
Almost one billion euro was taken out of Romania over the last five years