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16:21, 08.06.2020

FinMin Citu: Political attack on me, a political police type fake news

The political attacks on me these last days is a fake news build up in the most political police (Securitate) style, my declaration of wealth is public and there is the inheritance from my grandparents who worked…




09:42, 05.06.2020

FinMin Citu: 8 bln lei available through large companies support program

The support program for large companies has an allocation of 8 billion lei, with a multiplier effect of almost 28 billion lei in the economy, and it will be operational in three weeks or maximum one month, Finance…




13:33, 22.05.2020

FinMin Citu says 152k bank clients benefit so far from installment deferral

As many as 152,000 customers of the financial-banking system have so far benefited from the provisions of Ordinance 37 on deferral of installments and the total loans with postponed installments up to 9 months…




08:52, 13.05.2020

Simple motion against FinMin Citu to be voted in the plenary meeting on Wednesday

The Chamber of Deputies will vote on Wednesday the simple motion tabled by the Social Democratic Party (PSD) against Finance Minister Florin Citu. The simple motion, called "The Citu virus has infected the national…




00:17, 12.05.2020

FinMin Citu: We borrow to pay PSD's bills and expenses

We borrow in order to pay the bills and expenses made by the Social Democratic Party (PSD), and had the PSD been a responsible party, it wouldn't have passed laws in Parliament without the necessary funding source,…




08:32, 11.05.2020

Chamber to consider simple motion against the FinMin Citu

The Chamber of Deputies will be considering today a simple motion tabled by the Social Democratic Party (PSD) against Finance Minister Florin Citu, and cast a vote on it on Wednesday. The simple motion, called…




08:53, 07.05.2020

PM Orban on European Commission's budget deficit estimate: Time will prove who's right

Prime Minister Ludovic Orban said on Wednesday night that according to the Government's estimate, this year the budget deficit will be 6.7 pct of GDP and added that the time will prove whether this estimate was…




15:27, 05.05.2020

Finance Minister: Romania will seek no loans from international lenders that come with conditionalities

Romania will not access any loans from international lenders if they come with conditionalities, Finance Minister Florin Citu said on Tuesday, adding that currently Romania gets financing from local and international…




20:28, 28.04.2020

Iohannis on payment of salaries: Finance minister guaranteed me there would be no problems

President Klaus Iohannis said on Tuesday that Finance Minister Florin Citu guaranteed that there would be no problems with the payment of salaries."In my turn, I asked this question to the Finance minister and…




13:42, 28.04.2020

FinMin Citu:Romania will emerge from this crisis with a changed economic structure,but more efficient

Romania's economy will recover because measures have been taken from the outset to support production and our country will emerge from this crisis with a changed economic structure, both private and public, but…




22:18, 18.04.2020

FinMin Citu calls Fitch's downgrading Romania's credit outlook warning to populist MPs

The decision by Fitch Ratings, which has revised Romania's outlook to negative from stable, is a clear warning given to populist MPs, Finance Minister Florin Citu wrote on Saturday on his Facebook page. "In a statement…




16:17, 17.04.2020

IMM Invest programme starts off marking stage in reopening Romania's economy

The largest support programme for small and medium-sized enterprises in Romania, IMM Invest, started on Friday morning and with it the second stagein reopening Romania's economy, Finance Minister Florin Citu said…




13:07, 17.04.2020

FinMin Citu: No funds cut at budget revision

The latest national budget revision did not cut any funds, but some ministries that said they could help the budget cut on their non-essential expenses, and the Ministry of Transport and the Ministry of Education…




08:56, 14.04.2020

FinMin says short-time work for public employees not advised as everybody in public administration needed

Finance Minister Florin Citu says it is difficult to talk now about short-time working in the public sector, because the measure is difficult to interpret, cannot be applied uniformly and the entire administrative…




15:47, 06.04.2020

Iohannis: Romania will send a team of doctors and nurses to Italy

Romania will send to Italy, in the Milan area, a team of 11 doctors and six nurses, President Klaus Iohannis announced on Monday."I have decided (...) that Romania will send a team of doctors and nurses to Italy.…




15:47, 06.04.2020

President Iohannis says epidemic not peaking up in Romania, no reason to ease up

President Klaus Iohannis warned on Monday that the COVID-19 epidemic has not peaked up in Romania yet, and that the country should not ease up on the measures taken so far, despite the number of cases being lower…




13:19, 02.04.2020

Gov't to consider provisional budget revision at Monday sitting

A national budget revision will feature on the agenda of the government's meeting to be held on Monday, but that will be a provisional one, Finance Minister Florin Citu told Digi 24 private broadcaster on Thursday.…




09:41, 01.04.2020

FinMin Citu:Romania's economy will have a different structure after this period passes,perhaps a healthier one

Romania's economy will have a different structure after this period passes, perhaps a healthier one on the long run, which will help us to be among the first economies in Europe, Finance Minister Florin Citu said…




09:02, 01.04.2020

FinMin Citu says budget revision likely at Thursday gov't meeting, definitely approved Monday

Finance Minister Florin Citu said Tuesday evening that a national budget revision was being worked on to get it included in the government meeting on Thursday, definitely to pass on Monday. "We are working on it…




19:40, 22.03.2020

EconMin Popescu: I asked EBRD for support to quickly start post-coronavirus economic development strategy

Economy Minister Virgil Popescu announced that, together with Finance Minister Florin Citu, they have requested the support of the European Bank for Reconstruction and Development (EBRD), in order to quickly start…




12:30, 12.03.2020

Trade union: Finance Ministry workers left vulnerable to coronavirus due to absent protection measures

Finance Ministry personnel are not offered elementary protection measures against the coronavirus epidemic, although Finance Minister Florin Citu announced that the government has the necessary resources and tools…




16:30, 06.03.2020

Acting FinMin Citu: Interest rates, inflation dropping, things are going well

Worldwide turmoil should not worry us in the short term and you will see interest rates are dropping, inflation is going down, we borrow cheaper, things are going well, interim Finance Minister Florin Citu said…




20:50, 27.02.2020

Romania borrows money at -0.11pct interest rate, first time to raise money at negative interest rates

For the first time in history, Romania on Thursday borrowed money at a negative interest rate, acting Finance Minister Florin Citu announced on Thursday at the opening of a government meeting. According to data…




15:05, 26.02.2020

Council convenes to tackle novel coronavirus

A meeting of the Supreme Council for National Defence (CSAT) has started at the Cotroceni Presidential Palace to tackle the novel coronavirus.The CSAT meeting, chaired by President Klaus Iohannis, is attended by…




19:26, 14.02.2020

Acting FinMin Citu says PSD gov'ts ignored deficit warnings from European Commission

The warnings regarding the structural deficit and the government deficit coming from the European Commission (EC) for three years were ignored by the Social Democratic Party (PSD) governments, acting Finance Minister…




12:30, 13.02.2020

FinMin-designate Florin Citu: We must sort out deficit issue if we want lower interests

In order to have lower interests, Romania must sort out the deficit issue, Finance Minister Florin Citu said on Thursday; he also stated that this year the budget deficit stays at 3.6 percent of GDP and will fall…




12:48, 28.01.2020

Romania's end-2019 budget deficit at 4.6 pct of GDP

Romania closed 2019 with a budget deficit of 4.6 percent of GDP, above the authorities' November estimation, when the second budget adjustment was operated, Finance Minister Florin Citu announced on Tuesday. "We…




18:28, 14.01.2020

FinMin Citu: The change of governance has brought Romania back to the investors' attention

Romania has changed direction and the investments are no longer penalised or overtaxed, and the change of the Government has brought our country back to the investors' attention, Finance Minister Florin Citu said.…




19:08, 09.12.2019

Senate adopts simple motion against Finance Minister Florin Citu

The Senate has adopted, on Monday, the simple motion against Minister of Public Finance, Florin Citu.The motion received 59 votes "for", 56 "against" and two abstentions.




19:08, 09.12.2019

President Iohannis agrees with wage freeze: Mix of measures, needed to reduce deficit

President Klaus Iohannis stated on Monday that a mix of measures is needed to reduce the budget deficit and added that he discussed the budget with Prime Minister Ludovic Orban, as well as with Finance Minister…