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12:50, 26.12.2020

FinMin Citu: Release, delivery and distribution of the vaccine, very fast, to help limit pandemic

The release of the vaccine, its delivery and distribution in record time will help limit and eradicate the pandemic in the shortest possible time, Prime Minister Florin Citu said on Saturday. "Today [Saturday -…




10:25, 15.12.2020

FinMin Citu:Industrial sector recovery, clear proof in 2021 Romania can have an increase above expectations

The dynamics of the industrial sector became positive in October 2020, and the recovery of this sector is clear proof that in 2021 Romania can have an economic growth above expectations, the acting Minister of…




14:15, 06.12.2020

FinMin Citu: I voted for a strong economy in Romania

The Minister of Finance, Florin Cîtu, stated that he voted on Sunday for a Romania with a strong economy. "I voted for a Romania with a strong economy. An economy that should no longer be shunned by foreign investors.…




12:45, 03.12.2020

FinMin Citu: Romania's securing international loan is proof that we managed to gain investors' trust

Romania's success in securing a loan from international markets is proof that it managed to gain the trust of investors in a very important year and I hope that the rating agencies take this into consideration,…




15:35, 26.11.2020

FinMin Citu: Deficit after first 10 months is 74.04 billion RON, namely 7 pct of GDP

The budget deficit after the first ten months of this year stands at 74.05 billion RON, meaning 7 pct of the GDP, the Finance Minister, Florin Citu, announced in a press conference on Thursday, according to AGERPRES.…




13:00, 20.11.2020

FinMin Citu: We will annul barriers put in Parliament stopping capitalization of Romanian markets on stock exchange

The barriers put in Parliament that stop the capitalization of Romanian companies on the capital market will be annulled immediately after the Parliamentary majority changes, said, on Friday, the Public Finance…




21:50, 12.11.2020

FinMin Citu: Numbers confirm Romanian economy recovery scenario in third quarter

Finance Minister Florin Citu, speaking at the government meeting on Thursday, said that the figures made available this week confirm the scenario of the economic recovery in the third quarter of this year.Florin…




12:55, 09.11.2020

FinMin Citu: Budget revision to be made transparent this week

The budget revision will be made transparent this week, and it will be adopted next week, the objective being to limit the increase in the budget deficit this year, Public Finance Minister Florin Citu said on Monday,…




12:55, 09.11.2020

FinMin Citu rules out agreement with IMF as funding demand covered almost 97pct

Finance Minister Florin Citu said on Monday that he rules out an agreement with the International Monetary Fund (IMF), given that Romania has won the trust of the market and investors, and its demand for funds…




11:20, 05.11.2020

FinMin Citu to work on Christmas and New Year's Eve on budget for next year

The Minister of Finance, Florin Citu, stated on Thursday that the budget for next year should be ready until December 31st, thus the work for the elaboration of the document will take place on Christmas and New…




16:20, 02.11.2020

FinMin Citu says budget revision likely ready in second week of November

The Finance Ministry will prepare a national budget revision that could be ready in the second week of November, Finance Minister Florin Citu said on Monday, adding that he received the funding demands from each…




13:31, 29.10.2020

FinMin Citu: Inflation not to rise, interest rates to continue to fall

Inflation will not rise and interest rates will continue to fall, with Romania having an advantage over the rest of Europe, that it can push the economy through interest rates, the Minister of Public Finance, Florin…




09:55, 29.10.2020

FinMin Citu: Moody's maintained Romania's rating; maintaining it in the future depends on responsible policies

The Minister of Public Finance, Florin Citu, on Wednesday stated that the rating agency Moody's maintained the country rating for Romania, while emphasizing that Moody's latest report shows very clearly that "maintaining…




15:45, 27.10.2020

FinMin Citu: Budget deficit on first nine months is 6.36 pct of GDP

Minister of Public Finance, Florin Citu, announced on Tuesday that the budget deficit for the first nine months of this year is of 6.36 pct of the GDP, or 67.27 billion RON, according to AGERPRES."Romania, together…




16:00, 23.10.2020

FinMin Citu announces to request inquiry committee from next Parliament into 2017-2019 budget execution

The finance minister announced on Friday that he will ask the future Parliament for a committee of inquiry for the budget execution in 2017 to 2019, accusing the undermining the national economy, according to AGERPRES."Ciolacu…




17:50, 21.10.2020

FinMin Citu: Consumption in Romania looks good given the circumstances

Consumption in Romania looks good, given the circumstances, and to keep it that way, in an economy that contracts by 4% this year, at the level of an increase by 4% in 2019, is ok for the time being, Finance Minister…




14:25, 21.10.2020

FinMin Citu: Romania's public debt growth at 7 pct this year, as to 20 percentage points for EU overall

The EU's public debt will grow on average by 20 percentage points in 2020, whereas Romania's government debt will increase by only 7 percentage points, Minister of Public Finance Florin Citu wrote on Facebook,…




13:00, 14.10.2020

FinMin Citu: As estimated, industry is recovering

Signs show that, at the end of Q2 or the beginning of Q4, for the first time in two years, the dynamics of the industrial sector will be positive, says Minister of Public Finance Florin Citu in a post on his Facebook…




16:16, 12.10.2020

FinMin Citu: We have the lowest inflation rate since October 2017

Romania records the smallest inflation rate since October 2017 until now, said, on Monday, the Minister of Public Finance, Florin Citu, referring to the data presented by the National Institute for Statistics."It's…




18:40, 11.10.2020

FinMin Citu accuses PSD of economic terrorism, throwing Romania into chaos for some votes

Finance Minister Florin Citu has called on the Sociasl Democratic Party (PSD) to stop what he dubs "economic terrorism," saying that no politician has the right "to sentence Romania to poverty, hyper-inflation…




21:35, 08.10.2020

FinMin Citu: We will contract 250-million euros loan from EIB for Iasi Emergency Hospotal

The Executive on Thursday approved, at the government meeting, a memorandum regarding the contracting of a 250 million euro loan from the European Investment Bank (EIB), for the Iasi Regional Emergency Hospital,…




11:35, 06.10.2020

FinMin Citu: Control at Bucharest Municipality found law violations in every investigated aspect

A control conducted since February by the Finance Ministry's Economic Inspection at the Bucharest City Hall has revealed law violations in every investigated aspect, Finance Minister Florin Citu wrote on Facebook,…




16:45, 30.09.2020

FinMin Citu: Budget must be approved by next government, as required by law

The 2021 budget must be approved by the next government, but at this moment the Ministry of Public Finance has started a spending review of the authorizing officers to see exactly what the implementation is, the…




14:06, 22.09.2020

FinMin Citu: What PSD is doing today in Parliament is criminal, it blows up country

The Minister of Public Finance, Florin Citu, stated, on Tuesday, in eastern Piatra-Neamt that the intention of the Social Democratic Party (PSD) to modify the budget revisions, having as main purpose to increase…




13:31, 21.09.2020

FinMin Citu: Capital market in Romania is a click away from billions of euro

The status of emerging market for the Romanian capital market means that companies in Romania are a click away from the billions of euro that will be invested, stated, on Monday, the Minister of Public Finance,…




13:15, 21.09.2020

FinMin Citu: We won't allow this year increase of pension point over what could be done

An increase of the pension point will not be allowed over what could be done until this moment, said, on Monday, the Minister of Finance, Florin Citu, at the Bucharest Stock Exchange (BVB)."We had last week several…




22:20, 12.09.2020

FinMin Citu: Romania doesn't support switch from unanimity to qualified majority in taxation-related decisions at EU level

Romania does not support the transition from unanimity to a qualified majority in respect to the adoption of the decisions taken at the EU level in the taxation field, said the Minister of Public Finance, Florin…




11:20, 08.09.2020

FinMin Citu: To ensure rapid recovery of economy fiscal, monetary policies need to work together

Investments had a positive contribution to the economic growth of 0.4 percentage points in the second quarter, and the net median nominal wage has increased in July by 8.1 pct, over July 2019, yet, in order to…




09:21, 20.08.2020

FinMin Citu: No need to resort to international or other markets, as Romania has managed its gov't deficit

Romania will end 2020 on a general government deficit lower than other countries in the European Union and will be the country to avoid technical recession, Finance Minister Florin Citu said on Wednesday evening,…




09:10, 20.08.2020

Child allowances to be gradually doubled, says FinMin Citu

Child allowances will be doubled, but in stages, and the lawmakers who vote for populist laws should donate more revenue to the budget to have more money to double the allowances, Finance Minister Florin Citu told…