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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…




12:05, 13.10.2020

Investments of 30bn lei in Romania in first nine months of 2020

The value of investments registered in Romania in the first nine months of the year is 30 billion lei, being the only country in the European Union (EU) where investments had a positive contribution to GDP dynamics…




12:01, 18.08.2020

President Iohannis, PM Orban, ministers to convene in working meeting at 15:00hrs

President Klaus Iohannis will have a working meeting with Prime Minister Ludovic Orban and members of the government at the Cotroceni Presidential Palace today at 15:00hrs, according to the Presidential Administration.…




11:40, 12.08.2020

Meeting on budget revision to be held at Cotroceni Presidential Palace

President Klaus Iohannis will have today, starting at 16:00 hrs, a budget revision meeting at the Cotroceni Presidential Palace with Prime Minister Ludovic Orban and Minister of Public Finance Florin Citu, informs…




16:45, 04.08.2020

President Iohannis to hold education meeting with Gov't members on Wednesday

President Klaus Iohannis will hold a meeting on education on Wednesday at the Cotroceni Presidential Palace, which will be attended by several members of the Government.According to the Presidential Administration,…




21:50, 27.07.2020

FinMin Citu: I guarantee we will not ask IMF for help in 2020

Romania will not ask the International Monetary Fund (IMF) for help in 2020, Minister of Public Finance Florin Citu stated on Monday. "We will not go to the IMF. We have managed to finance the deficit, which is…




09:57, 15.07.2020

Prime Minister sets up Strategic Coordination Committee for implementation of Cernavoda CNE 3 and 4 Units Project

Prime Minister Ludovic Orban has ordered the setting up of the Strategic Coordination Committee for the implementation of Cernavoda Nuclear Power Plant (CNE) Units 3 and 4, by a decision published on Tuesday in…




12:54, 08.07.2020

FinMin Citu: I stick to opinion EC's estimate is too pessimistic

The European Commission (EC)'s estimate of Romania's economic decline of 6% in 2020 is too pessimistic if we look at what is happening in Romania today, Minister of Public Finance Florin Citu on Wednesday told…




19:30, 01.07.2020

Gov't unveils 'Rebuilding Romania - A National Investment and Economic Recovery Plan

The government on Wednesday unveiled its 'Rebuilding Romania - A National Investment and Economic Recovery Plan' in the presence of President Klaus Iohannis. Opening the ceremony was Iohannis, who was followed…




08:30, 12.06.2020

FinMin Citu says IT package gives best return for gov't investment

This whole computerisation package, which started with the connection of the cash registers to the National Agency for Fiscal Administration (ANAF), means at least two percentage points of additional revenue to…




17:03, 05.06.2020

FinMin Citu: I hope we can keep the rating; I would be surprised if Q1 performance is not appreciated

Rating agencies cannot ignore Romania's successful issue of bonds to the international markets and the fact that it continued to have economic growth in the first quarter of the year, the Minister of Public Finance…




19:01, 04.06.2020

FinMin Citu: IMM Invest programme works very well; 3,083 companies took funds

Minister of Public Finance Florin Citu on Thursday stated that the IMM Invest programme (SMEs Invest) works very well and 3,083 companies took funds until now. "We have eliminated several barriers a couple of weeks…




10:21, 27.05.2020

Gov't to debate normative act to improve regulation for IMM Invest Programme

Government is set to debate a normative act regarding the improvement of the regulation of the IMM Invest Programme, Prime Minister Ludovic Orban stated at the beginning of the government meeting on Wednesday."I…




20:21, 19.05.2020

FinMin Citu: European Economic Recovery Plan must be implemented fast and without useless conditionalities

The European Economic Recovery Plan must be implemented fast, without bureaucracy and useless conditionalities, and it must focus on the top priorities, like investments, on the less developed member states' needs…




14:03, 05.05.2020

Minister of Finance: Revenue outlook looks good, but not enough, health spending is high

The budget revenue outlook for the coming months from the companies' statements is higher than expected, but this is insufficient, as budget expenditures, especially health spending, have risen sharply, Minister…




08:53, 27.04.2020

FinMin says state could invest in private companies

Minister of Public Finance Florin Citu says one of the measures he has been working on together with the international financial institutions refers to direct investments to be made by the state in private companies.…




16:28, 11.03.2020

President Klaus Iohannis to chair first meeting of Interinstitutional Working Group on economic impact of coronavirus

President Klaus Iohannis will chair the first meeting of the Interinstitutional Working Group to assess the economic, financial and budgetary impact on Romania generated by the effects of COVID-19 (GLI-ECOROM),…




15:06, 11.02.2020

Fin Min Citu: Romania will enter excessive deficit procedure, at earliest in March

Romania will fall under the excessive deficit procedure, something that cannot be avoided and the earliest it can happen is in March, Minister-designate of Public Finance Florin Citu told Monday evening private…




21:24, 20.01.2020

Finance Minister says early elections to be funded from 1 bln lei reserve fund

Minister of Public Finance Florin Citu said on Monday that the state budget has a 1 bln lei reserve fund for the financing of local and parliamentary elections, adding that budget savings from the removal of special…




09:42, 08.01.2020

FinMin Citu: Budget deficit won't exceed 3.6pct of GDP and we won't increase taxes

The deficit won't exceed 3.6 per cent of the GDP and the taxes won't be increased, no matter what, Minister of Public Finance Florin Citu told private television broadcaster Realitatea Plus on Tuesday evening.…




09:36, 11.12.2019

FinMin Citu: I think budget will be presented in Parliament next week; no other taxes in 2020

The 2020 budget is ready, it was built on the legislation and taxes in force, and I think it will be presented in Parliament next week, Minister of Public Finance Florin Citu told Digi24 private television station…




18:03, 26.11.2019

FinMin Citu: 2019 budget built on untrue information, overestimated revenues

This year's state budget was built on "untrue" information and "overestimated" revenues, Minister of Public Finance Florin Citu said on Tuesday.He specified that the budget revision will show "what and where has…